| Bahrain's sovereign fund Mumtalakat Holding Co announced on Tuesday the signing of a $500 million credit facility with a total of six banks. The loan has been structured as a five-year facility and will be used to refinance existing debt.
The participating banks were named as BNP Paribas, Deutsche Bank Luxembourg, Standard Chartered Bank, the Bank of Tokyo-Mitsubishi, Arab Banking Corporation and National Bank of Bahrain. BNP Paribas also acted as coordinating Bank, documentation and facility agent for the loan...............................................Full Article: Source
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