Taqa seeking to refinance $2bn loan
- United Arab Emirates: Monday, October 29 - 2012 at 07:55
Abu Dhabi National Energy Co (Taqa) has hired 10 banks led by Bank of Tokyo-Mitsubishi UFJ to arrange $2bn of credit lines to refinance a loan maturing in 2013, Bloomberg has reported. The deal will be divided between three- and five-year multicurrency portions and replaces a $2bn piece of a credit pact maturing in December 2013, the lenders said.
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