Friday 21 November 2014
 
»
Tag
 
»
loan

Kuwait Petroleum unit inks $1bn loan deal

Kuwait Foreign Petroleum Exploration Company (Kufpec), a wholly-owned subsidiary of Kuwait Petroleum Corp, has signed a $1 billion loan, it said. Bank of Tokyo-Mitsubishi-UFJ, HSBC, JP Morgan, National Bank of Kuwait (NBK) and Roy

More…

Limitless to pledge revenues for $1.2bn debt deal

Dubai's Limitless will pledge its future revenues to service debt repayments as it attempts a second restructuring of a $1.2-billion Islamic loan which banking sources said should be completed ahead of a December deadline. The

More…

Limitless to pledge revenues for $1.2bn debt deal

Dubai's Limitless will pledge its future revenues to service debt repayments as it attempts a second restructuring of a $1.2-billion Islamic loan which banking sources said should be completed ahead of a December deadline. The

More…

Dubai Holding unit picks banks for $1bn loan

A unit of Dubai Holding, the investment vehicle of the emirate's ruler, has mandated banks to raise a syndicated loan, with two banking sources saying the facility would be worth Dh4 billion ($1.1 billion). Tecom Investments,

More…

Abu Dhabi hotels group wins $326m NBAD loan

The National Bank of Abu Dhabi (NBAD) has signed a deal to provide a 10-year term loan facility worth Dh1.2 billion ($326 million) to Abu Dhabi National Hotels (ADNH). NBAD’s secured facility refinanced an outstanding debt u

More…

Abu Dhabi hotels group wins $326m NBAD loan

The National Bank of Abu Dhabi (NBAD) has signed a deal to provide a 10-year term loan facility worth Dh1.2 billion ($326 million) to Abu Dhabi National Hotels (ADNH). NBAD’s secured facility refinanced an outstanding debt u

More…

First Gulf Bank beats estimates with 20pc profit jump

First Gulf Bank, the United Arab Emirates' third-largest lender by assets, beat estimates as it reported a 20 per cent increase in third-quarter net profit on Monday thanks to higher fee income and lower provisions for bad loans.

More…

Dubai Islamic may boost capital after loan growth

Dubai Islamic Bank may need to enhance its capital reserves if it is to maintain its levels of loan growth, the bank's chief executive said on Wednesday. "If you want to sustain the growth momentum, in order not to limit

More…

Kuwait petchem firm launches $1bn loan

Kuwait Foreign Petroleum Exploration Company (Kufpec), a wholly-owned subsidiary of Kuwait Petroleum Corp, has launched a $1-billion loan into syndication, said bankers. The deal is being led by a consortium of international and l

More…

Dubai resort Atlantis signs increased $1.1bn loan deal

Dubai's Atlantis, a luxury hotel situated at the top of a palm-shaped manmade island, said it has refinanced an $880-million loan to take advantage of favourable market conditions and secure a better interest rate. As well as

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads