GEMS Education gets 10 banks in early bird phase on $1.25bn loan

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By Bianca Boorer
12 Dec 2017

Dubai’s GEMS Education has concluded its early bird syndication phase on a $1.25bn loan, with 10 banks on board.

GlobalCapital previously reported that HSBC, Emirates NBD, Mashreq Bank and Noor Bank had been chosen to underwrite the facility.

Abu Dhabi Islamic Bank also came in as an underwriter in the early bird syndication, which closed last week. Another five banks, which have yet ...

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