syndicated loan

MENA

GIB closes $625mn sustainability-linked syndicated loan
ByNNR October 10, 2021October 10, 2021

MANAMA, BAHRAIN: Gulf International Bank (GIB) has successfully closed a $625 million sustainability-linked syndicated loan (SLL), making GIB the first Bahrain-headquartered bank and the first majority Saudi-owned bank to close such a facility. The deal was well received in the international markets and substantially over-subscribed with commitments exceeding the initial facility amount of USD 500…

Read More GIB closes $625mn sustainability-linked syndicated loan
London Exchange

Iberia and Vueling sign syndicated loan agreements
ByNNR May 1, 2020October 24, 2023

LONDON: International Airlines Group (IAG) announces that IBERIA LÍNEAS AÉREAS DE ESPAÑA S.A. OPERADORA, SOCIEDAD UNIPERSONAL (“Iberia”) and VUELING AIRLINES, S.A. (“Vueling”) have signed syndicated financing agreements for €750 million and €260 million respectively. The banks involved in the syndicated agreement will ask the Instituto de Crédito Oficial (ICO) to grant guarantees for these loans…

Read More Iberia and Vueling sign syndicated loan agreements