Middle East Economic Survey
VOL. LIII
No 51
20-Dec-2010
UAE
TAQA Secures $3Bn Revolving Credit Facility
Abu Dhabi National Energy Company (TAQA) was due to sign an agreement as MEES went to press to receive a $3bn revolving credit facility from around 15 banks. The book runners on the transaction comprise Bank of Tokyo Mitsubishi (coordinating bank and agent), BNP Paribas, Citigroup, HSBC, Royal Bank of Scotland and Standard Chartered and the deal was syndicated to a wider group of banks....
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