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UNB arranges $100m loan facility for UAE Exchange

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ABU DHABI — Union National Bank has arranged a $100 million syndicated loan facility for UAE Exchange Centre LLC, one of the leading exchange house in UAE.

Published: Fri 19 Oct 2007, 10:23 AM

Updated: Sat 4 Apr 2015, 11:28 PM

  • By
  • A Staff Reporter

The facility which extends for three years is going to be directed to support the company's aggressive expansion plan in the coming years, both locally and internationally.

Union National Bank was the underwriter and mandated lead arranger for the transaction which also witnessed the participation of Commercial Bank of Dubai as a lead arranger, Barclays Bank as arranger and both Abu Dhabi Commercial Bank and National Bank of Dubai as co-arrangers.



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