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Arab Bank $500m finance raising
- Jordan: Wednesday, June 06 - 2007 at 10:38
Arab Bank has mandated Caylon Credit Agricole CIB, HSBC Bank Middle East and JP Morgan to arrange it $500m fully underwritten five-year term loan. It is the first time the Jordan-based bank has gone to syndicated debt market to raise funds, saying it has done so to diversify its funding sources. The three arrangers will also act as bookrunners.
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James McInerney, News EditorWednesday, June 06 - 2007 at 10:38 UAE local time (GMT+4)
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This article was updated on Sat Jun 16 2007.
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