Dubai Aerospace Enterprise (DAE) Ltd. has announced that it had signed agreements to raise an additional $490 million from 3 loan agreements.
These agreements will have maturities of between 3 and 7 years.
Firoz Tarapore, Chief Executive Officer of DAE commented: “We continue to bolster our liquidity cushion to support our growth ambitions and opportunities.
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“Our very strong balance sheet and solid operating model continue to attract lenders, new and existing, to DAE.”
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