Barwa Signs QR 800 Million Financing
Agreement with Local Bank
February 27, 2019
Barwa Real Estate Company announced
signing a new financing agreement of QAR 800 million (Eight
hundred Million) with a Qatari local bank. The purpose of the
agreement is to finance a part of the company’s capital
expenditures during the year 2019. The new facility period is 7
years from the date of withdrawal.
It should be noted that there is no
conflict of interest between the contracting parties to this
agreement.
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