AD Ports Group signs agreements to refinance $2.25 billion debt

AD Ports Group signs agreements to refinance $2.25 billion debt
AD Ports Group has signed agreements with two UAE banks to refinance its syndicated loan of US$2.25 billion at more favourable terms, which would enable the Group to save up to AED44 million (US$12 million) in finance costs over the next 12 months.The new facilities will give the Group flexibility to opti...