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Zubair $100m loan
- Oman: Monday, May 14 - 2007 at 07:31
The Zubair Corporation has set up a deal with a consortium of regional banks for a corporate loan of $100m to fund its expansion plans. The group of banks includes Bahrain's Arab Bank, the Arab Banking Corporation, the Gulf International Bank, Oman's BankMuscat and the National Bank of Dubai. Each institution will contribute $20m and the Oman Arab Bank is acting as the on-shore security agent.
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Jonathan Sheikh-Miller, Deputy EditorMonday, May 14 - 2007 at 07:31 UAE local time (GMT+4)
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This article was updated on Sat Jun 16 2007.
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