For Dubai World, al khaliji acted as a Senior Lead Arranger in a $5.5bn term loan facility, contributing $100m.
Separately, al khaliji acted as a Mandated Lead Arranger financing $70m in a $1.125bn purchase of receivables due to Orascom Telecom Iraq Corp. Limited (a subsidiary of Orascom Telecom Holding S.A.E) and drawn on Zain Iraq, an affiliate of Mobile Telecommunications Company K.S.C, (Zain). The financing package was provided to support the $1.2bn sale of Iraqna, Orascom's subsidiary in Iraq, to Zain Iraq.
Rob McCall, al khaliji Managing Executive, Corporate Banking, said:
"The combination of al khaliji's capital base and experienced corporate banking team enables us to deliver quickly for our clients across the region. We're pleased to have rapidly established a reliable reputation for working alongside local and international banks to ensure the successful completion of major syndicated financings for our clients."
Browse
related articles

Posted by Ehab Al-Abbadi
