dayofdubai | Pakistans US$ 500 Million Syndicated Term loan and Murabaha Financing Facility winds up with 40% Oversubscription

Monday, Jun 19, 2023
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℃ Dubai, UAE

Business

ID Number 10323
Aug 07, 2023
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Pakistans US$ 500 Million Syndicated Term loan and Murabaha Financing Facility winds up with 40% Oversubscription

Pakistan effectively finished up its US$ 500 Million Syndicated Term Loan and Murabaha Financing Facility (the "Office") on July 25th 2019. The worldwide syndication of Facility pulled in over 40% oversubscription driven by solid demand from local, regional and international financial specialists.

Emirates NBD Capital Limited went about as the Global Coordinator on the Facility. The transaction was completely bought in by 12 banks.
Commercial Bank of Dubai, Emirates NBD, Noor Bank, Allied Bank, Dubai Islamic Bank, First Abu Dhabi Bank, Mashreq Bank and Sharjah Islamic Bank went about as the Initial Mandated Lead Arrangers and Bookrunners.

Samba Financial Group went about as a Lead Arranger, and Bank of Jordan, Habib Bank Limited and Union De Banques Arabes Et Francaises as Arrangers.

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