Nakheel loan may go to $2bn
- United Arab Emirates: Monday, July 16 - 2007 at 07:05
Nakheel could increase to $2bn an Islamic loan to take advantage of investor demand, Bloomberg reports. The developer said banks responded well to a roadshow meeting in Dubai for the $1.5bn issue. Nakheel will use the five-year Ijarah loan to partly finance its offshore projects.
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