Tuesday 25 December 2018

#UAE's Empower settles $728 mln loan in full- statement | ZAWYA MENA Edition

UAE's Empower settles $728 mln loan in full- statement | ZAWYA MENA Edition:

United Arab Emirates-based district cooling firm Emirates Central Cooling Systems Corporation (Empower) has settled a $728 million loan, a company statement said on Tuesday.

"Empower has fully settled its term loan facilities for a total amount of AED 2.67 billion ($728 million) and the company will have zero debt in its books at the end of the year," the statement added.

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