Sunday 17 December 2017
 
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syndicated

Alba successfully closes $1.5bn syndicated loan

Aluminium Bahrain (Alba), a leading international aluminium smelter, has announced the successful closing for its landmark syndicated term-loan facility, the first tranche of the company’s funding plan for the Line 6 Project.

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Yasref refinery gets $4.7bn international loan

An oil refining joint venture between national oil firm Saudi Aramco and China's Sinopec has obtained a $4.7 billion syndicated loan to refinance shareholder funds used for its construction, the venture said.  

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Al Baraka completes syndicated Murahaba financing

Al Baraka Banking Group announced its Turkish subsidiary, Al Baraka Turk Participation Bank, had concluded a syndicated Sharia-compliant Murabaha financing, raising a total of $278 million and €154.5 million ($175 million) with total fina

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Al Baraka completes syndicated Murahaba financing

Al Baraka Banking Group announced its Turkish subsidiary, Al Baraka Turk Participation Bank, had concluded a syndicated Sharia-compliant Murabaha financing, raising a total of $278 million and €154.5 million ($175 million) with total fina

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Bank ABC closes $320m syndicated facility for KIB

Kuwait International Bank (KIB) has successfully closed a debut syndicated murabaha financing facility. A statement said Bahrain-based Bank ABC and Bank ABC Islamic acted as the initial mandated lead arrangers and co-ordinating banks for the f

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Warba takes part in $155m syndicated loan for Ajman Bank

Warba Bank has provided $25 million as part of a $155 million Syndicated Islamic Financing Facility for Ajman Bank based in the UAE. The arrangement of the two-year Murabaha facility was led by Noor Bank, said a statement.

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Ajman Bank signs $200m syndicated loan facility

UAE-based Ajman Bank has signed a $200 million sharia-complaint syndicated finance facility to support its banking activities. The consortium of banks was led by Islamic bank Al Hilal Bank and was advised by global law firm Denton

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ABC in $750m syndicated loan facility success

Arab Banking Corporation (ABC) has announced the successful closing of a $750 million syndicated term loan facility. The initial mandated lead arrangers and bookrunners are HSBC Bank Middle East Limited, National Bank of Abu Dhabi

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NBAD appoints syndicated finance head

The National Bank of Abu Dhabi (NBAD) has appointed Jonathan Macdonald as the managing director and head of Syndicated Finance.   Macdonald will lead NBAD’s loan underwriting, primary loan distribution, sec

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Unatrac extends, re-prices $700m syndicated loan

Unatrac Holding, a leading Caterpillar dealer, has amended, extended and re-priced a $700 million syndicated revolving credit facility originally signed in June last year.   Barclays Bank and Citi acted as joint

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