SHUAA-led consortium buys out AED 1.13 billion debt of Dubai-based Stanford Marine Group

ByNNR January 10, 2021January 19, 2021

UNITED ARAB EMIRATES: SHUAA Capital has successfully completed a debt buyout of Stanford Marine Group’s (SMG) AED 1.13 billion (USD 308 million) facility, resulting in a successful outcome for all parties involved, including the participating banks, a news release said….