trending Market Intelligence /marketintelligence/en/news-insights/trending/4pCQmTtyu8L3gx2TW48LAQ2 content esgSubNav
In This List

RAKBANK launches $250M debut syndicated loan facility

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch

Blog

Insight Weekly: CEO pay jumps; yield curve inversion deepens; wind giants lift turbine prices


RAKBANK launches $250M debut syndicated loan facility

United Arab Emirates-based National Bank of Ras Al Khaimah PSC, known as RAKBANK, launched a debut three-year, $250 million syndicated term loan facility.

The facility, expected to close by mid-September, will be used for general corporate purposes.

Arab Banking Corporation BSC, First Abu Dhabi Bank PJSC and Standard Chartered Bank will serve as the initial mandated lead arrangers and book runners on the facility.