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BRIEF-Albaraka Turk mandates banks for murabaha syndication with initial amount of $400 mln

Tue, 2015-08-04 17:26 — newsdesk

Albaraka Turk Katilim Bankasi AS mandates BC Islamic Bank (E.C.), Barwa Bank Q.S.C., Dubai Islamic Bank PJSC, Emirates NBD Capital Limited, Kuwait International Bank ve Standard Chartered Bank for a murabaha syndication loan with a total initial amount of $400 million in EUR and USD currency. The loan is going to have maturity periods of 367 days and 2 years 3 days.

Source: 

http://www.reuters.com/article/2015/08/04/idUSFWN10F00I20150804