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Du presented with EuroWeek award for Best Middle Eastern Local Currency Deal 2008

  • United Arab Emirates: Saturday, March 21 - 2009 at 13:04
  • PRESS RELEASE

Emirates Integrated Telecommunications Company PJSC ("Du"), has been recognised by EuroWeek, a leading UK-based publication focused on global capital markets, for its successful Dhs3bn syndicated loan.

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  • Mark Shuttleworth, Chief Financial Officer, Du, Oliver Hawkins, Publisher, EuroWeek.
    Mark Shuttleworth, Chief Financial Officer, Du, Oliver Hawkins, Publisher, EuroWeek.
Du received the award for Best Middle Eastern Local Currency Deal 2008, as voted for by peers in a poll of banks, investors and borrowers.

Mark Shuttleworth, Chief Financial Officer, Du, said:

Presenting the Award, Oliver Hawkins, Publisher, EuroWeek, said: "Congratulations to Du for this incredible achievement. Based on our global review of 2008 and outlook for 2009, the success of the deal represents one of the sterling achievements in the field of finance and banking in the Middle East."

Coordinated by Mashreq and WestLB, who acted as mandated lead arrangers and bookrunners, the Dhs3bn syndicated loan is a three-year facility.
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Notes and media contacts

For further information, please contact:
Saugat Chatterjee
Public Relations Manager, Channels Communications
Brand & Communications
du
Mobile: +971 55 9367045

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