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PIA closes up to $100m Islamic finance loan
07 December 2011
The loan is secured by secured by Pakistan International Airlines' ticket sales.
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Pakistan International Airlines (PIA)
Islamic finance loan
UAE
Abu Dhabi Islamic Bank
Al Hilal Bank
Citi
United Bank Limted
Pakistan International Airlines (PIA) has closed a $90 million Islamic finance loan that is expected to be upsized to $100 million. The two-tranche facility is the first syndicated...
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