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Tuesday, 24 November 2009 |
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Aabar enters into US$1,625,000,000 loan agreement |
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Abu Dhabi, 24th November 2009 – Aabar Investments PJSC (“Aabar”) has entered into a US$1,625,000,000 club loan agreement with a number of international and local lenders. The loan has a six month term and will be used for general corporate purposes.
About Aabar
Aabar is an investment company headquartered in Abu Dhabi and is listed on the Abu Dhabi Securities Exchange. It directly invests in various sectors including energy, infrastructure, real estate, Automotive and financial services companies. Its largest stakeholder is International Petroleum Investment Company, which in turn is wholly owned by the Government of the Emirate of Abu Dhabi.
Further information about Aabar can be found at www.aabar.com
For more information, please contact:
Mohamed Badawy Al-Husseiny
Aabar Investments PJSC
+971 2 626 4466
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