Abu Dhabi's Waha attracts 13 banks despite holdco status

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By Michael Turner
03 Apr 2014

Abu Dhabi investment firm Waha Capital has overcome some lenders' concerns about financing a holding company to smash through its refinancing target by signing a $750m five year loan.

The new loan is split between a $375m term loan and a $375m revolving credit facility. The debt replaces a $505m loan, signed in 2011. 

HSBC and First Gulf Bank were co-ordinators, bookrunners and mandated lead arrangers. Emirates NBD Capital also joined the senior stage as a bookrunner ...

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