| ABC Islamic Bank, Emirates NBD, Noor Islamic Bank and Standard Chartered Bank (together the initial Mandated Lead Arrangers and Bookrunners) announce the successful closure and signing of a $350 milion equivalent Dual-Currency Syndicated Murabaha Financing Facility for Albaraka Türk Katilim Bankasi.
Launched at $150 million, the Facility was oversubscribed to close at $350 million with participation from 25 banks from across the globe. It is the largest Islamic Structured Murabaha Syndicated Financing ever raised by any Turkish financial institution to date..............................................Full Article: Source
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