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Tuesday, 14 October, 2008, 18:20 GMT | more prices >>

Taqa ties up $3.1bn credit deal



By Upstream staff 

Abu Dhabi National Energy Company (Taqa) said today it had agreed on a $3.1 billion, one-year credit facility with several international lenders.

The facility expires on 10 January next year, state-controlled Taqa said in a statement on the Abu Dhabi bourse website. It did not give more details.

The bookrunners are Bank of Tokyo-Mitsubishi UFJ, Barclays, BNP Paribas, Citigroup and Royal Bank of Scotland, a banking official told Reuters Loan Pricing Corporation last week.


Sunday, 13 January, 2008, 22:15 GMT  | last updated: Sunday, 13 January, 2008, 22:17 GMT

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