(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
MENAFN2111201700710000ID1096120005
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.