Mazaya finds home for Islamic financing

19 Nov 2012

Mazaya Qatar Real Estate Development Co has signed a $106.7m-equivalent eight year syndicated Islamic financing facility.

Qatari Islamic financing house QInvest was financial adviser and sole bookrunner on the deal, after being mandated in January. It was joined by mandated lead arrangers Arab Banking Corp, including ABC Islamic Bank; National Bank of Abu Dhabi; and First Gulf Bank. Ahli United Bank joined as a ...

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