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Report: Ahli Bank in talks for $250M loan

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Report: Ahli Bank in talks for $250M loan

commenced talks toraise a $250 million loan, Reuters reported, citing banking sources.

TheQatari bank will use part of the loan to refinance an existing $200 million facilitythat was signed in September 2014 and is set to mature in 2017, two of thesources told the newswire. Ahli Bank is in talks with five banks regarding thethree-year loan, according to the May 9 report.