Middle East Loans
-
Sharjah Islamic Bank (SIB) is raising a murabaha loan which was launched at $200m but will grow far beyond that size, according to a banker on the deal. -
Kuwait National Petroleum Company is in talks for $10bn of loans which have been in the pipeline for almost a year, although syndication has not taken off yet.
-
Sharjah Islamic Bank — Royal Jordanian Airlines — Ardmore — Telenet
-
Royal Jordanian Airlines has signed a $275m five year dual tranche loan facility with a syndicate of seven banks.
-
Sharjah Islamic Bank is close to launching a $200m murabaha loan, according to bankers.
-
Abu Dhabi’s government-related entities (GREs) are expected to turn to the loan market this year as redemptions and expansion projects in the region increase the need for funding.
-
The head of Oman’s central bank has called for his country's borrowers to embrace capital market funding, with the sovereign widely expected to lead the charge itself with a large bond or sukuk.
-
Abu Dhabi’s government related entities (GREs) are expected to turn to the loan market this year as redemptions and expansion projects in the region increase the need for funding.
-
In a secretive deal that has only come to light now, NBAD signed $1bn of tightly priced one year loans with five close relationship banks at the end of last year. The lenders were Bank of America Merrill Lynch, Crédit Agricole, Citigroup, HSBC and Bank of Tokyo-Mitsubishi UFJ.
-
Mubadala, the Abu Dhabi investment firm, has launched a $2bn loan refinancing and will likely aim for a tight margin despite a choppy Middle East loan market, according to bankers.
-
Recent Middle East loans that have struggled in syndication indicate some lenders are having second thoughts about the regions’ borrowers just at the point when the latter need the loan market more than ever. The imbalance is about to upset the entire structure of the market, writes Elly Whittaker.
-
A juicy Middle Eastern project finance loan — for Oman Oil Refineries and Petroleum Industries Company (Orpic) — will be signed by end of next week, according to a banker close to the deal.
