$5.8bn loans for Borse Dubai
United Arab Emirates: Monday, December 17 - 2007 at 09:02
Borse Dubai, which is part of a deal alongside US exchange Nasdaq to buy Sweden's OMX for $4.9bn, has arranged two loans worth a total of $5.8bn, reported Bloomberg. The cash will be used to finance the transaction as well as pay for a 28% stake in the London Stock Exchange which it is receiving as part of the OMX deal. The one year loans are worth $4.2bn and $1.6bn.
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Jonathan Sheikh-Miller, Deputy EditorMonday, December 17 - 2007 at 09:02 UAE local time (GMT+4)
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