Pinnacle Owner Seeks to Lower Borrowing to Finish London Tower
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Arab Investments Ltd., the developer of the London tower known as the Pinnacle, is seeking to raise additional money from investors, reducing the amount it needs to borrow to complete the project.
The company requires more than 500 million pounds ($804 million) to complete the tallest skyscraper in the City of London financial district, Khalid Affara, managing director of Arab Investments, said in March.