Bloomberg News

Bahrain’s Investcorp Secures $500 Million Loan, Alwasat Reports

June 28, 2012

Investcorp Bank BSC, a Bahrain-based private-equity firm, got a forward-start loan of about $500 million, Alwasat reported, citing unidentified people in banking.

The loan, which was provided by 12 international banks, will replace facilities due to mature next March, the newspaper said. Barclays Plc, Citigroup Inc., Deutsche Bank AG and Royal Bank of Scotland Group Plc arranged the transaction, and Bank of America Corp., Commerzbank AG, ING Groep NV and JPMorgan Chase & Co. are also lenders, the newspaper said.

To contact the reporter on this story: Wael Mahdi in Manama at wmahdi@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus