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Arab Bank supports Agility deal

  • Jordan: Saturday, November 17 - 2007 at 13:15

Jordan's Arab Bank has participated as a mandated lead arranger in the establishment of a $1.4bn loan facility for the Kuwaiti firm Agility. Other banks involved in the transaction included the HSBC, BNP Paribas and JP Morgan. The loan will be used to finance an acquisition, various investments as well as a number of projects Agility will implement mostly in the logistics sector.

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