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4 months ago
BRIEF-Bahrain's Arab Banking Corp launches $250 mln 3-yr term loan facility for Bank Sohar
April 24, 2017 / 12:30 PM / 4 months ago

BRIEF-Bahrain's Arab Banking Corp launches $250 mln 3-yr term loan facility for Bank Sohar

April 24 (Reuters) - Arab Banking Corporation:

* Bank ABC launches $250 million 3-year syndicated term loan facility for Bank Sohar

* Facility will be used by Bank Sohar for general funding purposes

* Abu Dhabi Commercial Bank , Axis Bank and Commerzbank Aktiengesellschaft committed to join facility as initial mandated lead arrangers

* General syndication is expected to close by end of May 2017 Source: (bit.ly/2pWZpEr) Further company coverage: )

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