Wednesday 23 July 2014
loan facility

Aldar signs $1.1bn credit facility with NBAD

Abu Dhabi's Aldar Properties  has secured a 4 billion dirham ($1.09 billion) credit facility from National Bank of Abu Dhabi, a deal expected to help the struggling developer manage its liquidity needs. The three-year revolving fa


Saudi Oger inks $1.85bn loan deal

Saudi Oger, a top construction group, said it has reached a deal with a group of leading banks to secure a landmark $800 million senior term loan facility and a SR3.97 billion ($1.05 billion) advance payment guarantee facility to fund the Kin


Ahli United Bank extends term loan facility

Ahli United Bank (AUB) has extended the final maturity date of its syndicated term loan facility by six months to April 2012, a statement from one of the bookrunners said. The loan dated September 5, 2008 was set to mature in October 2011.


Dubai seeks state-funded loan facility: Report

Dubai is in talks with the United Arab Emirates federal government to create a state-funded loan facility to help firms access finance as international capital dries up, the Financial Times said on Wednesday. The facility would be similar


Mumtalakat launches $500m loan facility

Bahrain Mumtalakat Holding Company has launched a $500 million loan facility, in its first debt capital financing. National Bank of Bahrain (NBB) has been mandated by Mumtalakat to lead and arrange the syndicated loan facility. Und


New Medical Centre wins $100m loan deal

Bahrain-based Gulf International Bank (GIB) has arranged a $100 million syndicated term loan facility for the UAE-based New Medical Centre (NMC). GIB acted as sole coordinator and mandated lead arranger for the facility, which will be used

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