Wednesday 19 June 2013
 
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DP World extends maturity date on $1bn loan

DP World, the world's third-largest port operator, said on Wednesday that it has extended the maturity date on a $1 billion revolving credit facility for an additional year as it secured attractive market ter

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Viva Kuwait signs $270m loan with NBK

Viva Kuwait, an affiliate of Saudi Telecom Co (STC), has signed a $270 million, five-year loan with National Bank of Kuwait (NBK) to finance the operator's network expansion, it said in a statement on Tuesday. This borrowing i

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Yemen to receive $144m loan from AMF

The Arab Monetary Fund (AMF) will provide a $144 million loan to Yemen this year to help its financial reform programme, the fund said on Monday. Pro-democracy protests in 2011 brought Yemen, a neighbour of top oil exporter Saudi

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Egypt inches towards $4.8bn IMF loan

Egypt's government is in the late stages of verifying its economic reform programme with the International Monetary Fund (IMF) before obtaining a $4.8 billion loan, its central bank governor said on Saturday. The loan, needed

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Dubai fund ICD signs upsized $2.55bn loan

Investment Corp of Dubai (ICD), the holding company for some of the emirate's best-known companies, has signed an upsized $2.55 billion, five-year loan facility, it said in a statement on Monday.

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Turk Telekom signs $300m loan with ENBD

Turkish telecommunications company Turk Telekom signed a $300 million loan deal with Emirates NBD Bank, it said on Friday. Turk Telekom said the annual rate on the 3.5 year bond will be Libor +2.68 percent. – Reuters

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Turk Telekom signs $300m loan with ENBD

Turkish telecommunications company Turk Telekom signed a $300 million loan deal with Emirates NBD Bank, it said on Friday. Turk Telekom said the annual rate on the 3.5 year bond will be Libor +2.68 percent. – Reuters

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Zain Saudi signs $600m loan

Zain Saudi, the kingdom's third-largest telecom operator, has signed a 2.25 billion riyals ($600 million) Islamic loan guaranteed by its parent company.   The three-year

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UK co-op bank halts loans to customers

The co-operative bank has stopped offering loans to new business customers, part of measures designed to quell growing concerns over its capital position. The bank's parent, the Co-operative Group, said yesterday it was undert

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Dubai ICD planning to boost $2bn loan

Investment Corp-oration of Dubai (ICD), the holding company for some of the emirate's best-known companies, may increase the size of a $2 billion loan after significant interest in the deal from lenders, banking sources said.

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