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Dubai Aerospace Seeks $2.1 Billion Loan, Mainly From Asian Banks

Source: Bloomberg

Credit & Bond MarketsBanking & LiquidityGeopolitics & War

Dubai Aerospace Enterprise Ltd. is seeking a $2.1 billion-equivalent loan, according to people familiar with the matter. The potential borrowing is cited as another sign that Asian banks remain willing to lend to some Middle East borrowers despite the continuing conflict in Iran; no loan terms or market response are reported.

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