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FINANCIAL NEWS
United Arab Shipping Company to finance USD1,7 m debt
20 Dec 2013
(MENAFN) United Arab Shipping Company (UASC) has closed a USD1,251 million multi-tranche syndicated loan facility to finance a twenty-foot equivalent unit container ships and 5 x 18,000 TEU container ships, according to Gulf News.
The new facility is part of a bigger debt-financing plan worth USD1,744 million.
The USD1,744 million plan will be financed by Deutsche Bank AG, London Branch.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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