Tuesday, 21 February 2012

RLPC-UAE's Etisalat seeks $2 bln syndicated loan -bankers | Reuters

United Arab Emirate's largest telecommunications company Etisalat is seeking a syndicated loan of up to $2 billion for general corporate purposes, bankers close to the deal said.

The deal is expected to carry a three-year tenor, but this is subject to change, the bankers added.

Etisalat was not immediately available to comment.

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