Tuesday 08, August 2017 by

RAKBANK launches $250 million three-year Syndicated Term Loan Facility

RAKBANK announced that it has mandated Bank ABC (Arab Banking Corporation (B.S.C.)), First Abu Dhabi Bank PJSC (FAB), and Standard Chartered Bank as the Initial Mandated Lead Arrangers and Bookrunners to arrange on its behalf a debut $250 million three-year syndicated term loan facility (the “Facility”).

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