TECOM Group secures refinancing for existing loan facility at more favourable terms
New Five-year unsecured loan refinanced at a competitive rate and favourable terms that will enhance cash flow profile
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New Five-year unsecured loan refinanced at a competitive rate and favourable terms that will enhance cash flow profile
) DUBAI, 15th June, 2023 (WAM) -- TECOM Group, the creator of specialised business districts and vibrant communities, today announced it has enter
Tecom, a major creator of specialised business districts across Dubai, has entered into a refinance deal worth AED7.6 billion ($2 billion) to replace its existing term loan. The new facility will help the Emirati company execute its growth strategy.
Tecom, a major creator of specialised business districts across Dubai, has entered into a refinance deal worth AED7.6 billion ($2 billion) to replace its existing term loan. The new facility will help the Emirati company execute its growth strategy.