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Etisalat Nigeria signs $1.2bn refinancing loanEtisalat's Nigeria affilate has signed a $1.2 billion refinancing loan with 13 Nigerian banks, the United Arab Emirates' leading telecom operator said on Tuesday. The medium-term facility will be used to refinance an exist More… |
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GEMS Education raises $545m loan for expansionGEMS Education, a UAE-based education company, has raised a 2 billion dirham ($545 million) loan from local banks for new investments in schools in the region and for refinancing, a company statement said on Sunday. The loan, whic More… |
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Investcorp backs US firm with $610m refinancingBahrain-based private equity firm Investcorp yesterday announced the completion of a dividend recapitalisation of Chicago-based Berlin Packaging, in which it retains a majority stake acquired in 2007. Proceeds from the new $610 mi More… |
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Sipchem units sign $280m refinancingThree affiliates of Saudi International Petrochemical Company (Sipchem) have refinanced loan facilities worth 1.04 billion riyals ($276 million) which were used to fund their key projects, Sipchem More… |
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Mubadala to launch $2bn refinancing next weekAbu Dhabi investment vehicle Mubadala will launch the refinancing of a $2 billion revolving credit facility next week, replacing it with a three-year, multi-currency loan, a senior executive said on Tuesday. Pricing for the new fa More… |
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Taqa hires banks for $2bn loan refinancingState-owned Abu Dhabi National Energy Company (Taqa) has hired 10 banks to arrange a $2 billion syndicated loan to refinance debt maturing in December 2013. Banc of America, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citi, HSBC, N More… |
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Taqa hires banks for $2bn loan refinancingState-owned Abu Dhabi National Energy Company (Taqa) has hired 10 banks to arrange a $2 billion syndicated loan to refinance debt maturing in December 2013. Banc of America, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Citi, HSBC, N More… |
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Investcorp inks $504 debt refinancing dealBahrain-based Investcorp has signed up to a $504 million-equivalent loan aimed at refinancing debt due in 2013, with the final amount potentially being increased in the coming weeks as more banks join the lending syndicate, sources said. More… |
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QNB inks $1.5bn loan refinancing dealQatar National Bank (QNB), the Gulf state's largest lender, has picked five banks to lead the syndication of a $1.5 billion loan refinancing, in a new deal, sources familiar with the matter said. The three-year loan, which replaces a $1.85 More… |
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Gulf 'can meet $60bn refinancing needs'Gulf borrowers need to refinance around $60 billion of debt in 2012, a Royal Bank of Scotland regional executive said on Monday, noting there should be no significant issues in meeting this target. "We don't see any issue with the r More… |
