403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Emirates Motor concludes USD175m loan
(MENAFN) Emirates Motor Company, the prime Mercedes-Benz distributor in Abu Dhabi, has announced the conclusion of a USD175 million syndicated dual tranche loan, Gulf News reported.
The main lead arranger for the transaction, which involves a dual tranche structured finance facility, is Noor Bank, with participation from Al Khalij Commercial Bank, ABC Islamic Bank and National Bank of Oman.
"We appreciate the professional and competent manner in which this transaction was handled by Noor Bank and achieved all the financing objectives of the Company," the Chairman of Al Fahim Group said in a statement.
The main lead arranger for the transaction, which involves a dual tranche structured finance facility, is Noor Bank, with participation from Al Khalij Commercial Bank, ABC Islamic Bank and National Bank of Oman.
"We appreciate the professional and competent manner in which this transaction was handled by Noor Bank and achieved all the financing objectives of the Company," the Chairman of Al Fahim Group said in a statement.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment