Saturday 23 November 2024
 
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debt facility

Shareholder to give Arabtec $109m debt facility

Dubai-listed contractor Arabtec Holding said on Thursday its shareholder Aabar Investments had agreed to give it a Dh400 million ($108.9 million) debt facility to help weather 'challenging' conditions in the regional construction market.

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Investcorp secures $243m debt facility

Investcorp has secured a $243 million medium term financing facility for its own corporate balance sheet. The self-arranged financing was structured as a dual tranche Revolving Credit Facility and Term Loan, the company said. The

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