Doha – Mubasher: Ezdan Holding Group rebutted all news reports indicating that the company has been granted a $500 million syndicated loan, according to a bourse filing on Sunday.
"So far, the company is still negotiating for the terms and conditions of the loan", said the company, adding that details will be announced once settled.
Earlier this year, the company issued a five-year $500 million sukuk with a 4.4% profit. Barwa Bank, Emirates NBD Capital, HSBC and Mashreq arranged the sukuk, along with Abu Dhabi Islamic Bank.
