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Thu 19 May 2016 10:02 AM

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Qatar's Barwa Real Estate says signs $1.13bn financing agreement with local bank

Developer has now refinanced all its liabilities, according to statement on Doha bourse

Qatar's Barwa Real Estate says signs $1.13bn financing agreement with local bank

Qatar's Barwa Real Estate has signed financing agreements worth $1.13 billion with a local bank, the property developer said on Thursday.

The nine-year facility means Barwa has refinanced all its financing liabilities, according to a statement to Doha's bourse.

Barwa did not identify the lending bank for this latest facility.

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