EUROPE/MIDDLE EAST/AFRICA

摘要

Bahrain steel is the market with a circa US$400m loan that will refinance a US$340m facility signed in 2014. Bank ABC, HSBC and Mashreq are arranging the loan, which will have an eight-year maturity and will also be used for general corporate purposes. Pricing on the new deal is "fairly tight", a banker said. The 2014 financing was split between a US$300m amortising loan and a US$40m revolving credit facility. Eight banks funded the deal: Arab Banking Corp, HSBC, Mashreq, State Bank of India, Al Khaliji Commercial Bank, BNP Paribas, Doha Bank and Qatar National Bank.