Tuesday 21 October 2014

Turkey mandates banks for sukuk issue

Turkey mandated banks for its second sovereign sukuk issue in international markets on Thursday and will hold a series of investor meetings from September 23 to October 1 in the Middle East and Asia, the Treasury said. "HSBC,


Rohani election win mandate for change in Iran

Iranian voters weary of years of economic isolation and tightening political restrictions threw down a blunt demand for change on Saturday by handing a moderate cleric a landslide victory in a presidential electi


FGB hires banks for $800m loan

First Gulf Bank (FGB) has mandated eight banks to arrange an $800 million loan to fund its growth and expansion, the Abu Dhabi-based lender said. The banks that have been mandated include Bank of Tokyo-Mitsubishi UFJ (MUFJ), Citib


Bank of Sharjah in $100m loan deal

Bank of Sharjah, a leading bank in the UAE, said it has mandated a group of banks to arrange a $100 million loan for 'its general corporate purposes.' The two-year loan will be arranged by Germany’s Commerzbank as the lead arranger along

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