Middle East Economic Survey

VOL. LII

No 8

23-Feb-2009

UAE

Borse Dubai Successfully Refinances $3.8Bn Term Loan

Borse Dubai Limited said on 19 February it had successfully signed a $2.5bn term loan to refinance the aggregate $3.8bn term loan and guarantee facility used to fund investments into NASDAQ OMX Group and the London Stock Exchange. The multicurrency syndicated facility matures in one year and carries a one-year extension option, at the discretion of Borse Dubai. The facility has a...