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Article: US$ 1.2 billion loan for Gulf International Bank
- Article from:
- Al Bawaba
- Article date:
- May 12, 2007
CopyrightCopyright 2007 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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Gulf International Bank B.S.C. (GIB) announced that Friday in
London it signed a new syndicated term loan facility for
US$1,200,000,000.
The facility was launched into syndication on 2nd April, 2007 for
an amount of USD1 billion. The facility was extremely well received
by the market and was oversubscribed to an amount of USD1.46 billion.
The facility was fully-underwritten and arranged by the following
Initial Mandated Lead Arrangers: ABN Amro Bank N.V., Arab Bank plc,
The Bank of Tokyo-Mitsubishi UFJ, Ltd., Barclays Capital (the
investment banking division of Barclays Bank PLC), Bayerische
Landesbank, BNP Paribas, CALYON, Commerzbank Aktiengesellschaft,
Mizuho Corporate Bank, Ltd., The ...