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.
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