Emirates Steel mulls offers for Mussafah plant finance

  • Published: 24 November 2006 17:02
  • Last Updated: 24 November 2006 17:02

Responses have been received from the majority of banks on the debt package to fund the Emirates Steel Industries iron and steel project. Appointment of a mandated lead arranger (MLA) group of about five banks is expected by mid-December for the scheme, which Abu Dhabi government-owned General Holding Corporation is planning at the Mussafah industrial district.



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