Aabar Investments has signed a EUR3.6 billion loan of five years duration which will be used to replace several of the state fund’s existing debt. The transaction was arranged “on tighter terms compared to previous facilities, reflecting the company’s improved credit profile and its strategic importance” according to the company without giving out the details the loan’s pricing. Mainly foreign banks and NBAD provided cash for the loans. Aabar manages a portfolio of investments spanning real estate and aerospace to financials services. (Reuters)