November 15, 2018 / 6:09 AM / a month ago

Dubai Aerospace signs $720 mln revolving credit facility

DUBAI, Nov 15 (Reuters) - Dubai Aerospace Enterprise (DAE) said on Thursday it had signed a new unsecured $720 million revolving credit facility with a group of nine international banks based in the United States, Europe, and Asia.

DAE did not disclose the names of the banks. It said in a statement the credit facility had a maturity of five years. (Reporting by Alexander Cornwell, editing by Davide Barbuscia)

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