VOL. XLII
No. 35
30-August-1999
UAE
Dubal Completes Financing For Condor With $50Mn Loan FromANZ Grindlays
Dubai Aluminium Company has completed financial arrangementsfor its Condor expansion project and has signed a loan agreement with ANZGrindlays Bank for $50mn. According to a statement from Dubal, the entiremedium-term borrowing of over $600mn has now been completed. The loan has beenagreed for a five-year period and is repayable in seven equal installmentscommencing in 2001, a senior...
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