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$300m syndicated loan for Batelco
- Bahrain: Wednesday, March 07 - 2007 at 16:35
Bahrain-based Arab Banking Corporation and Standard Chartered, as mandated lead arrangers and bookrunners, have launched a general syndication for a $300m three-year term loan facility for Batelco. The banks have been joined by the Bank of Tokyo-Mitsubishi UFJ, JP Morgan, National Bank of Abu Dhabi, National Bank of Bahrain and The Royal Bank of Scotland as mandated lead arrangers. Batelco will use the funds for general corporate purposes and to support regional growth.
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James McInerney, News EditorWednesday, March 07 - 2007 at 16:35 UAE local time (GMT+4)
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This article was updated on Wed Mar 14 2007.
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