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GIB $1.2bn loan facility
- Bahrain: Saturday, May 12 - 2007 at 16:42
Bahrain's Gulf International Bank has signed a $1.2bn syndicated term loan facility. The five year loan was launched into syndication on April 2 for an amount of $1bn but was oversubscribed to an amount of nearly $1.5bn. Seven banks acted as mandated lead arrangers including Deutsche Bank Luxembourg, JPMorgan Chase and Fortis.
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