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QIA said to be seeking US$2b loan to finance Singapore purchase

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Bloomberg reports that QIA's talks with lenders are at an early stage and it has not set a timeline for the borrowing.

Dubai

QATAR Investment Authority (QIA) has approached banks for a loan of as much as US$2 billion to finance its acquisition of BlackRock Inc's Asia Square Tower 1, according to three people with knowledge of the matter.

The sovereign wealth fund has held preliminary talks with

sentifi.com

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