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Business / Qatar Business

Commercial Bank closes $227.5m Syndicated Term Loan Facility

Published: 24 Sep 2020 - 08:26 am | Last Updated: 01 Nov 2021 - 02:41 am

The Peninsula

Doha: The Commercial Bank has announced it has successfully closed a Dual-Tranche $227.5m Syndicated Term Loan Facility recently with competitive pricing and well-diversified investors by tapping the Asian markets.

The Facility was mandated to Mizuho Bank Limited to lead and arrange with the purpose of meeting the Bank’s general funding and working capital needs.

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