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Category :Debt

Dubai’s Union Properties Repays Legacy Debt

Global Business Magazine October 29, 2025

Dubai-based Union Properties has completed the full repayment of its legacy debt, reducing bank loans from approximately $410 million to $82.23 million, effectively eliminating Read More

Bonds Business Debt Middle East

Arab Energy Fund Issues First $600 Million Bond

Global Business Magazine June 27, 2025

The Arab Energy Fund (TAEF), a leading multilateral impact financial institution focused on the MENA energy sector, has successfully priced a $600 million, 3Read More

Business Companies Debt Senior Notes World

Champion Iron Subsidiary Prices $500 Million Debt Offering

Global Business Magazine June 27, 2025

Champion Iron Limited, has announced that its wholly owned subsidiary, Champion Iron Canada Inc., priced its offering of the $500 million aggregate principal Read More

Business Companies Debt World

NEXTDC Issues $1.43 Billion In Debt

Global Business Magazine June 18, 2025

NEXTDC Limited on Wednesday announced that it has entered into binding, underwritten commitment documentation for new senior debt facilities totalling $1.43 billion, with Read More

Debt Economy Regional

ABU Dhabi to Issue $8 Billion Local Currency Debt

Global Business Magazine May 13, 2025

Abu Dhabi is readying to issue local currency debt as part of an ongoing effort to develop the UAE’s domestic debt Read More

Business Companies Debt World

Olam Group to Repay $2 Billion in Debt

Global Business Magazine April 15, 2025

Singaporean conglomerate Olam Group plans to repay approximately $2 billion in debt, using the proceeds from the sale of a controlling stake in Read More

Business Companies Debt Earnings Regional

Drake & Scull International Becomes Profit-Making Company

Global Business Magazine March 27, 2025

Reflecting a significant turnaround in profitability, Drake & Scull International (DSI), specialising in contracting services for mechanical, electrical, and plumbing (MEP), as well Read More

Bonds Business Companies Debt OECD

OECD Nations to Issue Bonds Worth $17 Trillion

Global Business Magazine March 21, 2025

Sovereign bond issuance in the Organisation for Economic Cooperation and Development (OECD) countries is projected to reach a record $17 trillion in 2025, up Read More

Business Companies Debt Divestments Real Estate World

Sth Bnk to Sell Southbank site to Repay Creditors

Global Business Magazine March 15, 2025

Developers of the Melbourne-based Sth Bnk, the Australia’s biggest mixed-used residential project, has sought permission to go ahead with the sale Read More