Sohar, so good as three early birds perch on new loan

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By Bianca Boorer
25 Apr 2017

Three banks have joined the syndication of a loan to Oman's Bank Sohar of $250m, which Bank ABC has been mandated to co-ordinate.

Abu Dhabi Commercial Bank, Axis Bank and Commerzbank joined as initial mandated lead arrangers ahead of the syndication launch last Wednesday, according to a statement from Bank ABC.

Bank ABC also co-ordinated Bank Sohar’s last syndicated loan in 2015 for the same amount, which is due to mature ...

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