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Emerald Hills Township

$404 million investment has been raised by Emaar MGF

Friday, June 8th, 2012 1 Comment »

$404 million investment has been raised by Emaar MGF
Emaar MGF Land Limited has raised $404Mn through a private placement of bonds. The funds raised will be used to redeem fully convertible debentures and to repay accumulated premium. The Emaar MGF is also planning to sell few of its land parcels to reduce debt which stand around R4100Cr. The real estate group has developed [...] Continue Reading »



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