Dubai Holding Unit Gets One-Month Extension on $555 Million Revolving Loan

Dubai Holding Commercial Operations Group LLC, a real estate and hospitality group owned by Dubai Holding, received a one-month extension on a $555 million revolving credit line until Dec. 30.

“The extension is required to finalize a new long-term facility,” the company said in a statement to Nasdaq Dubai today.

Dubai Holding Commercial in September received a two-month extension on the loan at “commercical terms,” the second such extension after getting one in July.

To contact the reporter on this story: Stefania Bianchi in Dubai at

To contact the editor responsible for this story: Shaji Mathew at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.