Islam, Islamic, Islamic News, Fatwa's and Islamic Business/Finance with Islam Online

Stanford Asia gets USD300m syndicated facility

Published: 05/10/2013 04:26:28 AM GMT
Related Stories

Thursday, Sep 26, 2013Dubai: Stanford Asia Holding Company signed a $300 million (Dh1.1 billion) 5 year syndicated facility. Emira (more)

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.

Staff Report

Gulf News 2013. All rights reserved.

© Copyright . All Rights Reserved.




Advertisement







Advertisment