Tuesday 5 November 2024
 
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loan syndication

Mashreq closes $100m facility for Stanbic Kenya

Mashreq bank, a leading financial institution in the UAE, recently closed S$ 100 million dual tranche syndicated term facility for Stanbic Kenya Bank Limited - a subsidiary of the Standard Bank Group (“SBG”). The trans

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ABC closes $175m loan syndication

Bahrain-based Arab Banking Corporation (ABC) has successfully closed the syndication of its $175 million loan for a Kuwaiti finance company, the bank announced yesterday. ABC is the mandated lead arranger of the five-year facility, which

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