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Dubai developer repays $300m loan ahead of schedule

FIVE Holdings, the Dubai-based developer, said on Tuesday it has repaid its AED1.1 billion ($300 million) syndicated finance package 13 months ahead of schedule. The international syndicate for the dual Islamic and conventional financing was used to support the construction of its FIVE Palm Jumeirah and FIVE Jumeirah Village Dubai…

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Click here to read the full story: Arabian Business

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