Tuesday 01, July 2008 by
ABC and BNP close $55 million credit facility for BCFC in Bahrain
Arab Banking Corporation (ABC) and BNP Paribas, the initial mandated lead arrangers and bookrunners, have successfully closed with oversubscription, a $55 million equivalent dual currency dollar/Bahraini dinar three-year syndicated term loan facility for Bahrain Commercial Facilities Company. The facility was increased from its initial $50 million equivalent launch amount and signed by the borrower and the initial mandated lead arrangers and participants on 29 June.
