Qatar’s Doha Bank has signed a two-year $575 million syndicated unsecured loan for general corporate purposes, it said in a statement on Sunday.
The facility was increased from the original $500 million amount the bank had been seeking to borrow, the statement said.
The loan pays a margin of 75 basis points per annum over Libor and has a bullet repayment at the end of the two-year tenor, the statement said.
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