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FinancialNews


  • 16-12-17

    UAE: Local Currency Loan Deal award presented to Tabreed Company

    (MENAFN) In Dubai, UAE, a top award at the Bond, Loans and Sukuk Awards Middle has been granted to National Central Cooling Company (Tabreed).

    Tabreed, a top Emirati district cooling utility company, declared that when it came to offering environmentally-friendly district cooling solutions it had came out to be the first option in mind for organizations across the GCC.

    The company has been able to expand its funding base as well as to widen its debt maturity profile and lessen its financing costs after it secured a club loan through a Dh1.5 billion Shari'a, compliant facility, which broadened over ten years.

    MENAFN1612201700450000ID1096239515

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