Commercial Facilities raises $125m loan arranged by 3 banks

Mubasher: Bahrain Commercial Facilities said that it closed a $125 million five-year-term loan launched by Ahli United Bank (AUB), Arab Banking Corporation (Bank ABC), and Gulf International Bank (GIB) which acted as the mandated lead arrangers and book runners, according to a bourse statement.

The loan, which was signed on 14 December, 2015, is for refinancing and general corporate purposes, the statement showed on Sunday. 

Mubasher Contribution Time: 17-Jan-2016 06:10 (GMT)