Bank ABC
ABC
0.00%
0.30
0.00
ABC
Sohar International
BKSB
-0.72%
0.14
-0.00
BKSB
Bank Sohar has authorized Arab Banking Corporation to arrange for a $250-million loan as the sole arranger and bookrunner for the loan syndication, with duration of three years.
Sohar will pay a margin of 120 basis points over the London interbank offered rate (Libor).
National Bank of Abu Dhabi has also mandated the corporation to handle a $400-million contract.
Source:
Mubasher Exclusive