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Alba wins ‘Syndicated Loan Deal of 2017’ awardAluminium Bahrain (Alba), the Bahrain-based aluminium smelter, was recently recognised as the winner in the ‘Syndicated Loan of the Year’ category at the Bonds, Loans and Sukuk Middle East Awards which was held in Dubai, UAE. More… |
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Alba successfully closes $1.5bn syndicated loanAluminium Bahrain (Alba), a leading international aluminium smelter, has announced the successful closing for its landmark syndicated term-loan facility, the first tranche of the company’s funding plan for the Line 6 Project. More… |
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Yasref refinery gets $4.7bn international loanAn oil refining joint venture between national oil firm Saudi Aramco and China's Sinopec has obtained a $4.7 billion syndicated loan to refinance shareholder funds used for its construction, the venture said. More… |
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Al Baraka completes syndicated Murahaba financingAl Baraka Banking Group announced its Turkish subsidiary, Al Baraka Turk Participation Bank, had concluded a syndicated Sharia-compliant Murabaha financing, raising a total of $278 million and €154.5 million ($175 million) with total fina More… |
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Al Baraka completes syndicated Murahaba financingAl Baraka Banking Group announced its Turkish subsidiary, Al Baraka Turk Participation Bank, had concluded a syndicated Sharia-compliant Murabaha financing, raising a total of $278 million and €154.5 million ($175 million) with total fina More… |
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Bank ABC closes $320m syndicated facility for KIBKuwait International Bank (KIB) has successfully closed a debut syndicated murabaha financing facility. A statement said Bahrain-based Bank ABC and Bank ABC Islamic acted as the initial mandated lead arrangers and co-ordinating banks for the f More… |
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Warba takes part in $155m syndicated loan for Ajman BankWarba Bank has provided $25 million as part of a $155 million Syndicated Islamic Financing Facility for Ajman Bank based in the UAE. The arrangement of the two-year Murabaha facility was led by Noor Bank, said a statement. More… |
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Ajman Bank signs $200m syndicated loan facilityUAE-based Ajman Bank has signed a $200 million sharia-complaint syndicated finance facility to support its banking activities. The consortium of banks was led by Islamic bank Al Hilal Bank and was advised by global law firm Denton More… |
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ABC in $750m syndicated loan facility successArab Banking Corporation (ABC) has announced the successful closing of a $750 million syndicated term loan facility. The initial mandated lead arrangers and bookrunners are HSBC Bank Middle East Limited, National Bank of Abu Dhabi More… |
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NBAD appoints syndicated finance headThe National Bank of Abu Dhabi (NBAD) has appointed Jonathan Macdonald as the managing director and head of Syndicated Finance. Macdonald will lead NBAD’s loan underwriting, primary loan distribution, sec More… |
