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(AFX UK Focus) 2010-04-04 07:34 Emaar Properties to roll over $1.23 bln in loans – paper

DUBAI, April 4 (Reuters) – Dubai developer Emaar Properties will roll over 4.5 billion dirhams ($1.23 billion) debt maturing in 2010 into long-term project financing deals, a local daily said on Sunday, citing a company spokesperson. The daily, Emirates Business 24/7, said Emaar’s 4.5 billion facility are bridge loans for its international projects and will mature within the next year. That …


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(AFX UK Focus) 2010-04-04 07:34 Emaar Properties to roll over $1.23 bln in loans – paper

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