Abu Dhabi Islamic Bank (ADIB) has acted as Mandated Lead Arranger for the $32 million structured Ijara facility to fund the acquisition of up to six Offshore Supply Vessels (OSVs) for Waha Offshore Marine Services, a unit of ADX-listed Waha Capital.
The financing represents an important milestone for Waha Maritime in its expansion in the Offshore Supply Vessel (OSV) sector.
http://www.zawya.com/story.cfm/sidZAWYA20110104040308/ADIB%20arranges%20$32m%20Ijara%20facility%20for%20Waha%20Maritime%20acquisition