Burgan Bank in talks about loan refi

Kuwait_230
By Bianca Boorer
06 Nov 2017

Kuwait’s Burgan Bank is planning to refinance a $350m syndicated loan that is due to mature next month.

The $350m two year club deal to be refinanced was signed in December 2015 and was provided by seven relationship banks, each committing $50m.

The new loan amount is yet to be finalised, according to a banker looking into the deal. The bank is also looking to ...

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