Doha-Mubasher: Barwa Real Estate Group signed financing agreements with a local Qatari bank worth QR 4.12 billion ($1.13 billion), according to a bourse statement.
The nine-year deals aim to refinance existing financing for the group’s liabilities.
The group will have completed the refinancing of all its financing liabilities for new periods in line with the group’s strategy to strengthen its overall financial position.
Barwa’s share declined 0.78% to QAR 32, with a turnover of QAR 64,000 in the opening of Thursday’s trades.
