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Bahrain's Ahli United pays $400m debt back early

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Saturday, 22 August 2009
(Getty Images)
(Getty Images)

Bahrain's Ahli United Bank will repay $400m of a $1.2bn syndicated loan by the end of August, which is one month ahead of schedule, the bank said in a statement on Saturday.

The three-year loan facility, in which 51 banks took part, was signed in October 2006, the bank said in the statement. The bank secured a $800 million refinancing for the loan last September, it said. (Reuters)

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