Doha Bank says signs $575m, two-year loan

      Published on Sunday, 13 December , 2015      117 Views     

  • Gulf Business

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.

Category Gulf Business | 2015/12/13 latest update at 3:34 PM
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