17.06.2009 - RLPC-Kuwait's Zain renewing $2.5 bln Islamic loan-banker
From Reuters: Kuwaiti mobile operator Zain is renewing its $2.5 billion Islamic loan that signed in 2007, a banker close to the deal said on Tuesday. Syndication of the two-year murabaha facility has launched to the senior phase of selldown via bookrunners Banque Saudi Fransi, Calyon and Al Rajhi Bank and is being targeted at a small number of close relationship banks including Saudi and International banks, the banker added........Full Article: Source