Thursday, Sep 26, 2013
Dubai: Stanford Asia Holding Company signed a $300 million (Dh1.1 billion) 5 year syndicated facility. Emirates NBD, Mubadala GE Capital, Noor Islamic Bank and Standard Chartered Bank were mandated as joint underwriters, initial mandated lead arrangers and bookrunners on the facility. The facility closed oversubscribed with Abu Dhabi Commercial Bank PJSC, Barwa Bank Doha Qatar and Mashreqbank psc joining as mandated lead arrangers.
Standard Chartered Bank acted as facility and investment agent.
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