Borse Dubai Refinancing Talks Continue

LONDON — State-run Borse Dubai is continuing talks with banks to agree a syndicated loan that will refinance an existing $3.78 billion loan to back its acquisition of Nordic exchanges group OMX, banking sources close to the deal said.

By (Reuters)

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Published: Fri 12 Dec 2008, 12:05 AM

Last updated: Sun 5 Apr 2015, 11:21 AM

The original financing, agreed in March and which matures on February 28 2009, is split between a $2.226 billion facility and a 796 million pound facility. One of the sources told Reuters Loan Pricing Corp. (RLPC) the firm is aiming to secure a $2.5 billion loan and that the process is being co-ordinated by HSBC.


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