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IN BRIEF: Dar Global agrees loan facility with Emirates

ALN

Dar Global PLC - luxury international real estate developer - Announces that its UAE-based wholly owned subsidiary has signed an 750د.إ million, around $204 million, secured term loan facility with Emirates NBD. Envisages using proceeds from the facility for future asset acquisitions and general corporate purposes as the group continues to build its international portfolio of luxury second home and leisure developments in desirable locations across Europe and the Middle East.

Current stock price: 3.66 pence, closing down 2.40% in London on Tuesday

12-month change: up 1.7%

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