Emirates Float Glass Wraps Up Aed 292M Funding

Emirates Bank has announced that the AED 292M facility for Emirates Float Glass (EFG) has been successfully closed, and oversubscribed. Emirates Bank is the Mandated Lead Arranger and bookrunner for the transaction. Participating banks are Abu Dhabi Commercial Bank; Lloyds Bank; and Commercial Bank of Dubai as lead arrangers and Union National bank as co-arranger. The facility will partly fund the project cost of AED 692M for setting up EFG's float glass manufacturing facility in Abu Dhabi, UAE.

Author
Un-named
Origin
Unknown
Journal Title
Asian Glass June-July 2007 6
Sector
Flat glass
Class
F 2398

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Emirates Float Glass Wraps Up Aed 292M Funding
Asian Glass June-July 2007 6
F 2398
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