"Abu Dhabi Islamic Bank (ADIB) has closed a 1.32 billion dirhams ($360 million) syndicated Islamic facility for one of the largest operator's and owner of jack-up barges in the region, it said on Sunday.
The deal will help meet the financing needs of Abu Dhabi-based Gulf Marine Services (GMS) including refinancing and finance for the acquisition of two additional vessels, ADIB said in a statement.
In May, Reuters reported ADIB was arranging the facility and was close to signing the deal."
'via Blog this'
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