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Dubai Holding unit repays $250m BNP loan

Dubai, October 12, 2009

Dubai Holding Commercial Operations Group (DHOG), the holding company of Dubai Holding’s property, business parks, and hospitality verticals, announced that it had repaid a $250 million loan to BNP Paribas.

The bilateral loan, taken out as a general corporate facility, was repaid on the maturity date.

This announcement comes less than a week after Dubai Holding said it had paid back in full a $300 million loan belonging to its Sama Dubai property unit.-TradeArabia News Service




Tags: property | real estate | loan | Dubai Holding Commercial Operations Group |

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