Borse Dubai to Refinance $2.5 Billion Loan

Borse Dubai May Refinance $2.5 Billion Loan as Credit Eases
Bloomberg - USA
Jan. 8 (Bloomberg) -- Borse Dubai Ltd. may be the emirate's first state-owned company to tap banks to refinance a multibillion-dollar loan since September, a sign interest rates have returned to levels companies are willing to accept.

Borse Dubai, the owner of Nasdaq Dubai, is seeking a $2.5 billion loan this month, according to bankers close to the talks who declined to be identified because the negotiations are private. It needs to replace a one-year syndicated loan taken out last year to pay for the purchase of Swedish exchange OMX AB.