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Borse Dubai seeks $2.5bn loan
- United Arab Emirates: Thursday, January 08 - 2009 at 14:47
Borse Dubai, the owner of Nasdaq Dubai, is seeking a $2.5bn loan this month, Bloomberg has reported, citing bankers close to the talks. Borse Dubai needs to replace a one-year syndicated loan taken out last year to pay for the purchase of Swedish exchange OMX AB. It would be the emirate's first state-owned company to tap banks to refinance a multibillion-dollar loan since September.
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Jeff Florian, Senior ReporterThursday, January 08 - 2009 at 14:47 UAE local time (GMT+4)
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