Commercial Operations arm of the group announces on Monday it has repaid loan to BNP Paribas.
Dubai Holding Commercial Operations Group (DHOG), the holding company of Dubai Holding’s Property, Business Parks, and Hospitality verticals, announced on Monday it had repaid in full a $250 million loan to BNP Paribas.
The bilateral loan, taken out as a general corporate facility, was repaid on the maturity date.
The announcement comes less than a week after Dubai Holding said it had paid back in full a $300 million loan belonging to its Sama Dubai property unit.
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