Wataniya dials up $125m loan

The West Bank’s second largest mobile phone operator, Wataniya Mobile Palestine, has signed a $125m syndicated loan.

  • 16 Jul 2012

The facility is split between a $60m loan from the World Bank’s IFC and a $65m syndicated facility from co-ordinator Bank of Palestine, the Housing Bank for Trade and Finance, Cairo Amman Bank, HSBC and Palestine Commercial Bank.

In December last year the mobile phone firm completed the largest ...

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