Tuesday 05, June 2012 by Robin Amlôt
BBK, BMI Bank arrange syndicated facility for Arabian Sugar
Bahraini banks BBK and BMI Bank recently signed an agreement to provide a syndicated Murabaha financing facility for Bahrain-based Arabian Sugar Company amounting to BHD 18 million. As part of the agreement, BBK will be acting as the facility agent bank whilst BMI Bank would be the security agent, documentation bank and investment agent for the facility.
