Bank of Sharjah signs $200m club term loan | GulfNews.com:
"The Bank of Sharjah has signed a $200 million Club Term loan facility with a Group of Local and International Mandated Lead Arrangers: National Bank of Abu Dhabi PJSC (acting as facility Agent and Coordinator), Commercial Bank of Dubai PSC, Commerzbank Aktiengesellschaft, First Gulf Bank PJSC, and Wells Fargo Bank N.A.
The two-year facility will be used by the Bank for its general corporate purposes, specifically for USD denominated transactions.
The facility carries a margin of 1.25% per annum, with a reduction of 25 basis points compared to the pricing applied to the term loan signed in June 2011 by the Bank and fully repaid in August 2013."
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