Barwa Real Estate Group
Signs Refinancing Agreement worth QAR 1.92 Billion with Barwa Bank
6 July 2020
Barwa Real Estate Group ‘BRG’
announced that it has entered a refinancing agreement with Barwa Bank.
The agreement worth QAR 1.92 billion, with a financing period of 7
years, is aimed to refinance one of BRG’s current facilities and will
positively impact the company’s cash flow. In a statement by Barwa Real
estate, the company ensured that there is no conflict of interest
between the contracting parties involved in the deal.