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Kuwait- Agility's subsidiary signs USD 457 mln credit facility
(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Nov 21 (KUNA) -- Kuwait's Agility said on Tuesday that one of its subsidiary companies, the United Projects Company for Aviation Services (UPAC) has signed a seven-year credit facility worth in total USD 457 million.
According to a statement posted on Boursa Kuwait website, Abu Dhabi-based Al-Farwaniya Property Company LLC has signed the deal with a consortium of international and regional banks, including Gulf Bank, Abu Dhabi Commercial Bank (ADCB), Noor Bank, and Standard Chartered Bank to develop Reem Mall in Abu Dhabi.
Agility further noted that this deal has no impact on the company's current financials, pointing out that a detailed disclosure will be made upon final closing. (end) mka.haq
According to a statement posted on Boursa Kuwait website, Abu Dhabi-based Al-Farwaniya Property Company LLC has signed the deal with a consortium of international and regional banks, including Gulf Bank, Abu Dhabi Commercial Bank (ADCB), Noor Bank, and Standard Chartered Bank to develop Reem Mall in Abu Dhabi.
Agility further noted that this deal has no impact on the company's current financials, pointing out that a detailed disclosure will be made upon final closing. (end) mka.haq
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