DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), said that it has fully repaid its $500 million syndicated loan facility.
The loan was due to mature on December 5, 2008, said a statement from the DIFC unit.
DIFC Investments manages the Dubai International Financial Centre's commercial operations and the investments.
DIFC Investments’ rating has been reviewed and reconfirmed a few weeks ago by Standard & Poors at “A+”. It has also been reviewed and reconfirmed by Moody’s around the same period at “A1”.-TradeArabia News Service