Bahrain's ABC arranges $250m loan for Sohar Bank

Photo Credit: Arabianeye-Reuters

15 July 2015 12:55 PM

Bank ABC
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Mubasher: Sohar Bank has successfully closed a debut $250 million syndicated 3-year term loan facility.

Arab Banking Corporation (ABC) acted as the sole initial mandated lead arranger and coordinating bank, said a bourse filling.

Sohar Bank will use the facility for general funding purposes.

Banking and Finance

Source: Mubasher

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