Bahraini lender BCFC borrows from local banks

Bahrain_230
By Mariam Meskin
08 Jul 2019

Bahrain Commercial Facilities Co, a consumer lender, has raised a $125m five year loan facility from a consortium of regional banks.

Ahli United Bank, Gulf International Bank and National Bank of Bahrain were mandated lead arrangers and bookrunners. 

Arab Bank joined as a mandated lead arranger.

Part of the proceeds will be used to repay a $50m syndicated term loan that matured in June, according to Dealogic. That loan was part ...

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