• Register

Waha Capital picks lenders to arrange $700m loan: report

: Thursday, January 30 - 2014 @ 08:52

Abu Dhabi-based Waha Capital plans to raise a $700m loan mainly to refinance existing debt, Reuters has reported, citing three banking sources aware of the matter. The investment firm, in which Abu Dhabi government investment fund Mubadala owns 16%, has selected HSBC Holdings and First Gulf Bank to help arrange the five-year loan, the sources said. Most of the cash will be used to refinance a $505m debt facility maturing in June, with the remainder to be used by the company for corporate purposes, two of the sources said.

Today's Top Stories

Posted by

Thursday, January 30- 2014 @ 8:52 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs