$140m loan success for KFH-Bahrain.MANAMA: Kuwait Finance House - Bahrain (KFH-Bahrain) played a major role in successfully arranging a five-year $140 million syndicated Ijara facility for Bahrain Mumtalakat Holding Company. The bank was the sole lead arranger Lead arranger The senior tier of arranger and underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite) UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer. for the transaction acting alongside the Liquidity Management Centre (LMC LMC Large Magellanic Cloud (also see SMC) LMC Library Media Center LMC Lees-McRae College (Banner Elk, NC) LMC Lutheran Medical Center LMC League of Minnesota Cities LMC Local Medical Committee ) who acted as mandated lead arranger. "I would like to thank both KFH-Bahrain and LMC for their world class capabilities, and we will be very happy to work again with them in the future," said Mumtalakat chief executive officer Talal Alzain. "Despite the global financial crisis and economic downturn, and the ensuing en·sue intr.v. en·sued, en·su·ing, en·sues 1. To follow as a consequence or result. See Synonyms at follow. 2. To take place subsequently. impact on the GCC GCC: see Gulf Cooperation Council. (compiler, programming) GCC - The GNU Compiler Collection, which currently contains front ends for C, C++, Objective-C, Fortran, Java, and Ada, as well as libraries for these languages (libstdc++, libgcj, etc). region during the year, the bank's involvement in this financing once again underscores KFH-Bahrain's strength and ability to structure similar deals," said KFH-Bahrain managing director and chief executive officer Abdulhakeem Alkhayyat. "This highly successful syndication attests to the strong endorsement of our brand, and the leading role KFH-Bahrain is playing in supporting the growth of key economic sectors in the kingdom and our commitment to provide world-class Sharia-compliant solutions for our customers." Copyright 2009 Gulf Daily News Provided by Syndigate.info an Albawaba.com company |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion