Wednesday 06th, January 2016
Muscat: BankDhofar has announced the successful closing of a $250 million, three-year term loan facility where Bank ABC, BNP Paribas, Commerzbank AG, Credit Agricole Corporate and Investment Bank, HSBC Bank Middle East Limited and National Bank of Abu Dhabi PJSC acted as the Mandated Lead Arrangers and Bookrunners.
Kamal Hassan Murazza, Chief Wholesale Banking Officer of BankDhofar (pictured), said: "The facility will be used to finance large-scale projects of national importance. The facility demonstrates the confidence global markets have in the financial strength of BankDhofar and the stability of the Omani banking sector."
Bashir al Subhi, AGM Treasury and Financial Institutions of BankDhofar thanked the arrangers for their confidence and support that led to the success of this facility. "This Facility is an outstanding success by several measures: the size, the pricing and the diverse lender group that comprised of leading banks. The trust bestowed on us by prominent international and regional banks underpins our position as a leading bank in Oman," he said.
© Oman Daily Observer 2016
