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QInvest advises Turkey REIT on $50mn ‘murabaha’ finance facility

Posted on 28 August 2012

QInvest has advised a Turkey-based Real Estate Investment Trust (REIT) on the latter’s $50mn syndicated ‘murabaha’ finance facility.
QInvest acted as sole book runner and structuring advisor to İş Gayrimenkul Yatırım Ortaklığı (İş REIT), which entered into a financing agreement with a syndicate of banks from the Gulf Cooperation Council (GCC). The finance facility carries tenure of two years and a profit rate of Libor +250 basis points………………………………………..Full Article: Source

 
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