Dubai Aerospace Enterprise (DAE) has signed a landmark unsecured four-year revolving credit facility with an initial commitment of US$480 million and an accordion feature that allows the facility to be increased to up to US$800 million at any time after the initial closing. The facility includes both conventional and Islamic tranches and will support the future financing needs of the business. Al Ahli Bank of Kuwait is the mandated coordinating lead arranger as well as lead arranger and joint bookrunner with First Abu Dhabi Bank. Noor Bank is a mandated lead arranger and First Abu Dhabi Bank is also the
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