Bank Sohar seeks $300m in general syndication

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By Shruti Chaturvedi
16 Jan 2018

Oman’s Bank Sohar has enlisted three lenders to arrange a $300m new money borrowing.

Axis Bank, Bank ABC and Commerzbank are distributing the loan to potential investors in the Middle East, Asia and Europe, said a banker close to the trade. 

They have asked lenders to choose from three levels of participation. Banks joining as mandated lead arrangers with commitments of $25m ...

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