Bank ABC and Emirates NBD Capital launch USD 300,000,000 3 Year Syndicated Term Loan Facility for National Bank of Oman (S.A.O.G.)

1 Min | 24 July 2019

National Bank of Oman (S.A.O.G.)(NBO or the company) has mandated Bank ABC and Emirates NBD Capital Limited each an Initial Mandated Lead Arranger and Bookrunner together as IMLABs

National Bank of Oman (S.A.O.G.) ("NBO" or the "Company") has mandated Bank ABC and Emirates NBD Capital Limited (each an "Initial Mandated Lead Arranger" and "Bookrunner" together as "IMLABs") to arrange on its behalf a USD 300,000,000 Syndicated term loan facility (the "Facility").

The Facility has a tenor of 3 years, and the proceeds of the Facility shall be utilized for NBO's general corporate purposes.

General Syndication was launched on 23rd July 2019 with regional and international banks invited for participation. The new lenders shall accede to the Facility in August 2019 via an amendment and syndication agreement.

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