Wednesday 13 November 2024
 
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ADIB leads closure of $235m syndicated transaction

Abu Dhabi Islamic Bank (ADIB) has announced the successful closure of a sharia compliant syndicated transaction worth AED865 million ($235 million) for BGN and Al Seer Marine to finance new and energy-efficient gas carriers. 

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ADIB leads closure of $235m syndicated transaction

Abu Dhabi Islamic Bank (ADIB) has announced the successful closure of a sharia compliant syndicated transaction worth AED865 million ($235 million) for BGN and Al Seer Marine to finance new and energy-efficient gas carriers. 

More…

ADIB leads closure of $235m syndicated transaction

Abu Dhabi Islamic Bank (ADIB) has announced the successful closure of a sharia compliant syndicated transaction worth AED865 million ($235 million) for BGN and Al Seer Marine to finance new and energy-efficient gas carriers. 

More…

Bank of Sharjah acts as mandated lead arranger for $800m facility for Investcorp Capital

Bank of Sharjah, one of the leading commercial banks in the UAE, has acted as a Mandated Lead Arranger for a $800 million 4-year syndicated revolving credit facility for Investcorp Capital, alongside other international and regional banks.&nbs

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IIFM to begin standardisation of Syndicated Financing

The Board of Directors of the International Islamic Financial Market (IIFM) has decided to initiate the standardisation of syndicated Ijarah and syndicated Murabaha financing documentation.    This has been

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ING Türkiye renews $362m syndicated loan with 112pc roll-over

ING Türkiye has renewed its syndicated loan with a 112% roll-over ratio, successfully signing 332 million euro ($362 million) equivalent dual currency Sustainability Syndicated Term Loan Facility.   Emphasis

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Alba wins ‘Syndicated Loan Deal of 2017’ award

Aluminium 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.

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Alba successfully closes $1.5bn syndicated loan

Aluminium 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.

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Yasref refinery gets $4.7bn international loan

An 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.  

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Al Baraka completes syndicated Murahaba financing

Al 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

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