Zain
Kuwait's Zain renewing USD 2.5 bn Islamic facility
Sun, 2009-06-28 20:27 — IslamicFinance.deSyndication of the two-year murabaha facility has launched to the senior phase of selldown via bookrunners Banque Saudi Fransi, Calyon and Al Rajhi Bank and is being targeted at a small number of close relationship banks including Saudi and international banks. The margin is said to be 425 bps.
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