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English news

26-Jan-2016

Aabar seeks USD2.5 billion to refinance loan

Abu Dhabi state fund Aabar Investments is seeking to borrow USD2.5 billion from banks to refinance a loan coming due in April, sources aware of the matter said on Monday. The loan will be supported by its parent company, International Petroleum Investment Co (IPIC), said two of the sources without divulging the nature of support. (Reuters)

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