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Islamic Finance Briefing - Categorized | Banking, Financial Instruments (Credit Cards, Debts, Loans, Mort more

Bank of Sharjah raises $150 mln loan

Posted on 23 August 2010

From Emirates247.com: Bank of Sharjah has raised $150 million (Dh550.5m) through a club term-loan facility which exceeded by 50 per cent from target. This one-year loan effectively replaces a $200 million term loan, which closed oversubscribed in June 2007, and was repaid during June 2010.

Mandated Lead Arrangers for the facility include Commerzbank Aktiengesellschaft, Intesa Sanpaolo, National Bank of Abu Dhabi, UniCredit Group and Wells Fargo Bank…………………………………….Full Article: Source

 
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