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NBAD loans Dhs1.1bn for Dalma Mall

  • United Arab Emirates: Monday, October 22 - 2007 at 13:11

National Bank of Abu Dhabi (NBAD) and the Developers LLC has signed an agreement for a term loan facility of Dhs1.1bn to finance the Dalma Mall in Mussaffah. The mall is expected to open in April 2009. NBAD has underwritten the financing in full and anticipate inviting other interested banks to join the deal at later stage.

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