Commercial Facilities signs $80m loan facility with 3 banks

Mubasher: Bahrain Commercial Facilities Company (BCFC) said Sun day that it has closed a 5-year term loan facility worth $80 million.

Signed on 22 September, the facility was arranged by Ahli United Bank (AUB), Arab Banking Corporation (ABC) and BNP Paribas, according to a bourse filing.

The facility is aiming to fund continued growth in the BCFC lending portfolio and for their other general business needs.

 

Mubasher Contribution Time: 09-Oct-2016 08:09 (GMT)
Mubasher Last Update Time: 09-Oct-2016 08:09 (GMT)