Bahrain-based Bank ABC said it along with Emirates NBD Capital, HSBC Bank Middle East, Mashreqbank and Union National Bank arranged a $250 million syndicated term loan facility on behalf of Banque Misr Egypt.

They were acting as mandated lead arrangers and bookrunners with Bank ABC also acting as co-ordinator to the facility which is structured as a senior unsecured term loan, with a tenor of three years, reported the Gulf Daily News, our sister publication.

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