Banks have been approached for the general syndication of Etisalat's $2.1bn 18 month murabaha Islamic bridge loan, EuroWeek hears.
The facility, which will partly fund the company's $2.6bn purchase of a 26% stake in Pakistan Telecommunications Corp, pays a margin equivalent to 35bp over Libor.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.