Sace guarantee, Islamic facility for Abu Dhabi steel

Issue 885 - 18 Sep 2010 | 1 minute read

The Italian export credit agency Sace has guaranteed a $500m loan to General Holding Corporation, owned by the Abu Dhabi government. Sace said the proceeds would be used to expand the existing steel-making plant owned by Emirates Steel Industries (ESI), in the Mussafah industrial area.

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