Sovereign fund Aabar, which bought Abu Dhabi Commercial Bank's 25 percent stake in Malaysian group RHB Capital , will get a $1.9 billion loan from ADCB to pay for the deal, two sources familiar with the matter said.
Aabar parent International Petroleum Investment Co obtained the loan from ADCB by using its deposits with the bank as collateral, the sources said, speaking on condition of anonymity.
"It is a three-way deal. ADCB is lending to IPIC and the funds will come back to the bank through Aabar," one of the sources said. The tenure and interest rate was not available.
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