Bahrain Commercial Facilities signs $100m loan

  • Share via facebook
  • Tweet this
  • Bookmark and Share

Bahrain Commercial Facilities Company, a consumer finance and insurance provider, signed a US$100m loan to be used to refinance existing debt and for working capital, a bourse statement from the facility's arranger said.

The loan will run for three years and was arranged by Ahli United Bank. Other banks who provided contributions were BBK, Gulf International Bank, Ahli Bank, Arab Bank, Arab Banking Corporation , Bank Sohar and BNP Paribas.

Related:

Market Performance

Bahrain Commercial Facilities Company
0.735
0.0 0.0 (%)
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Shuttered banks, ATM queues and $77 daily limits: Greece plunges into crisis

Shuttered banks, ATM queues and $77 daily limits: Greece plunges into crisis

Breakdown in talks between Athens and its creditors plunged the...

Malaysia fund's $4.5bn rescue may weigh on Abu Dhabi's IPIC

Malaysia fund's $4.5bn rescue may weigh on Abu Dhabi's IPIC

International Petroleum Investment Co came to the aid of Malaysia...

Debt market beckons as Saudi bourse opens to foreigners

Debt market beckons as Saudi bourse opens to foreigners

Corporate bond issuance in the kingdom is the most active in...

Most Popular
Most Discussed