Monday 20 April 2015

Al Bayan signs $70m Islamic finance facility

Saudi-based Al Bayan Group Holding Company said it has signed a $70 million syndicated Islamic term financing facility with a group of leading regional and international banks. ABC Islamic Bank, the Islamic finance subsidiary of A


Norton Rose advises on MAF loan facilities

Global legal practice Norton Rose Fulbright has advised a syndicate of 13 banks in relation to an unsecured $1.159 billion and Dh1.609 billion ($438 million) syndicated facilities for Majid Al Futtaim Holding (MAF). The bank group


Mashreq leads loan syndicate for Bank of Ceylon

Dubai lender Mashreq said on Monday it had led a syndication of banks to raise a $140 million loan for Sri Lanka's Bank of Ceylon. Ten regional banks participated in the facility, including Oman's Bank Sohar and Bank Dhofar, Qatar's Doha B


$2bn Dewa Islamic loan syndicates

State-owned utility Dubai Electricity and Water Authority (Dewa) has launched the first stage of syndication for its $2 billion, one-year Islamic loan, banking sources has said. As previously reported, arranging banks are ABN AMRO, Dubai I

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