ABC, BNP to arrange $100m for IFC
Manama, April 23, 2008
Arab Banking Corporation (ABC) and BNP Paribas have been mandated by International Finance Company KSC (IFC) to arrange a $100 million amortizing syndicated term loan facility.
The facility has been fully underwritten by Arab Banking Corporation and BNP Paribas, a statement said.
The transaction was launched into senior syndication through bookrunners ABC and BNP, it said.