US$ 195 Million Club Term Loan Facility for Ahli Bank Q.S.C.
4 October 2016
Ahli Bank Q.S.C (Ahlibank) is pleased to announce the successful closing of a 3 year US$ 195,000,000 Club Term Loan Facility.
The Mandated Lead Arrangers and Bookrunners are Arab Banking Corporation B.S.C., Barclays Bank PLC, Commerzbank Aktiengesellschaft Filiale Luxemburg, First Gulf Bank PJSC, HSBC Bank Middle East Limited, Mizuho Bank LTD and Standard Chartered Bank. Union National Bank PJSC is also a Mandated Lead Arranger.
The Facility will be used for general corporate funding purposes of Ahlibank.
Sheikh Faisal Bin A. Aziz Al Thani, the Chairman and Managing Director of Ahlibank stated: "We are extremely pleased to receive the continued balance sheet support of our core relationship banking partners. This Club Loan assists our important stable funding requirements. We are thankful for the trust given by these leading regional and international institutions in Ahlibank.”