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Emirates Steel secures $1.3 billion credit facilities
Abu Dhabi based Emirates Steel, a Senaat company, yesterday announced that it has secured new credit facilities of $1.3 billion with 19 local and international banks without government guarantees. The facilities will be used to refinance $1.1 billion worth of existing financing that was put in place in 2010 through…
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Click here to read the full story: Gulf News