Middle East loan market open after IPIC draws $5bn

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Middle East loan market open after IPIC draws $5bn

Issue: Daily News - 24 March 2010

The Middle East’s first big syndicated loan of the year has proved a hit with lenders. International Petroleum Investment Co (IPIC), wholly owned by the Abu Dhabi government, signed a $3.6bn facility on Wednesday after increasing it from $2.5bn. ..

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