Project Blue (Guernsey) Limited USD 2,365,000,000 Syndicated Ijara Financing Facility.Summary: Qatari Diar Real Estate Investment Company (C[pounds sterling]Qatari DiarC[yen]) is pleased to announce the successful closing on 30 June 2008 of its USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2,365,000,000 Syndicated Ijara Financing Facility in the name of its subsidiary Project Blue (Guernsey) Limited. The facility, which has a three-year maturity with the option of a further one-year extension, was arranged and fully underwritten by Masraf Al Rayan, Qatar National Bank SAQ SAQ Société des Alcools du Québec SAQ Speed, Agility & Quickness (UK based movement training company) SAQ Self Administered Questionnaire SAQ Short Answer Question SAQ Safety Attitudes Questionnaire SAQ Self-Assessment Question (C[pounds sterling]QNBC[yen]), BNP Paribas, Calyon CrE[umlaut]dit DIT di-iodotyrosine. Agricole CIB CIB abbr. Latin cibus (food) (C[pounds sterling]CalyonC[yen]) and HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) Amanah (C[pounds sterling]HSBCC[yen]). BNP Paribas, Calyon, HSBC and QNB QNB Quinuclidinyl Benzilate acted as Bookrunner whilst Masraf Al Rayan acted as Structuring Advisor for the transaction. Project Blue (Guernsey) Limited USD 2,365,000,000 Syndicated Ijara Financing Facility Qatari Diar Real Estate Investment Company (C[pounds sterling]Qatari DiarC[yen]) is pleased to announce the successful closing on 30 June 2008 of its USD 2,365,000,000 Syndicated Ijara Financing Facility in the name of its subsidiary Project Blue (Guernsey) Limited. The facility, which has a three-year maturity with the option of a further one-year extension, was arranged and fully underwritten by Masraf Al Rayan, Qatar National Bank SAQ (C[pounds sterling]QNBC[yen]), BNP Paribas, Calyon CrE[umlaut]dit Agricole CIB (C[pounds sterling]CalyonC[yen]) and HSBC Amanah (C[pounds sterling]HSBCC[yen]). BNP Paribas, Calyon, HSBC and QNB acted as Bookrunner whilst Masraf Al Rayan acted as Structuring Advisor for the transaction. The Facility, which carries a margin of LIBOR LIBOR See: London Interbank Offered Rate LIBOR See London interbank offered rate (LIBOR). plus 1.05% per annum, will be used for the financing, in association with CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. Group, of the purchase of the site known as C[pounds sterling]Chelsea BarracksC[yen] in London from the United KingdomCOs Ministry of Defence and certain associated costs. Joining the facility with Masraf Al Rayan, QNB, BNP Paribas, Calyon and HSBC were the following: Senior Mandated Lead ArrangerCommercial Bank of QatarMandated Lead ArrangerNational Bank of Abu DhabiRoyal Bank of ScotlandArrangerSMBCCo-ArrangerDeutsche BankGulf International BankMashreqbankSenior Lead ManagerBoubyan BankQatar Islamic International BankArab African Int BankBanque BiaAhli Bank QSCQatari Diar was established in December 2004 to act as the Real Estate Investment arm of Qatari Investment Authority (QIA QIA Qualified Intermediary Agreement (US IRS) QIA Quality Investment Act ). Fully owned by Qatar Investment Authority which, in turn, is 100% owned by the state of Qatar, Qatari Diar engages in high profile real estate activities through acquiring properties in prime locations within the region and beyond with a particular emphasis on Europe to build top quality residential and commercial buildings. Qatari Diar is viewed as the regionCOs most influential and innovative real estate investment company. Qatari Diar is a leading real estate company in Qatar with projects such as Lusail and the Doha Convention Centre as well as regionally with projects in Morocco, Oman, Egypt and Syria and beyond with projects in the Seychelles and the United Kingdom.A[umlaut] 2008 Al Bawaba (www.albawaba.com) A[umlaut] 2008 Al Bawaba (Albawaba.com) Provided by Syndigate.info an Albawaba.com company |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion