Dubai theme park operator in talks to restructure $326.7 mln loan:
"Ilyas & Mustafa Galadari Group (IMG), the Dubai-based operator of the world’s largest indoor theme park, is in talks with banks to restructure a 1.2 billion-dirham ($326.7 million) syndicated loan and is seeking to extend its maturity, the company and financial sources told Reuters. The company is also looking to upsize its existing loan facility due to cost overruns, IMG said. The loan taken in 2014, led by Abu Dhabi Islamic Bank and included participation from Al Hilal Bank, Commercial Bank International, Noor Bank and Sharjah Islamic Bank, was used for corporate debt and to build Worlds of Adventure theme park."
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