Friday, 1 November 2013

Jumeirah secures funding for mid-term expansion

Jumeirah Group, the global luxury hotel company and a member of Dubai Holding, announced today that it has successfully raised a US$1.4 billion unsecured syndicated loan priced at 2.75 per cent above LIBOR due 2019. The facility was lead arranged by Abu Dhabi Commercial Bank, Dubai Islamic Bank, Emirates NBD, HSBC, Mashreq and Standard Chartered. Jumeirah Group was advised by Rothschild on the transaction.



via Breaking Travel News | News http://feedproxy.google.com/~r/breakingtravelnews/news/~3/DPDwEYlJsC8/

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