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UAE banks led by FAB finance $232mln to energy trader BGN

The Abu Dhabi Exports Office (ADEX) and a group of UAE lenders led by First Abu Dhabi Bank (FAB) have more than doubled a financing arrangement for global energy trader BGN. The oversubscribed financing facility, originally set at $100 million, has now been expanded to $232.5 million, ADEX confirmed on…

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