Dana Gas secures $100m loans for development of Zora Field

By Richard Metcalf
10 Sep 2014

Sharjah-based natural gas company Dana Gas has secured a $100m term loan, including a Shariah compliant tranche, for the Zora Field development project.

Emirates Bank NBD is the initial mandated lead arranger, bookrunner and coordinator on the deal. It will provide the funds as mandated lead arranger and joint bookrunner along with Barwa Bank, Commercial Bank of Dubai and Commercial Bank International.

Barwa Bank is also the Murabaha investment agent for the ...

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