IFLR1000

Burgan Bank $350 million syndicated loan

27/12/2015
Financing
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$ 350 million

Completed

27/12/2015

Overview:

  • Burgan Bank has taken out a $350 million syndicated loan.
  • The funds will be used for general funding.
  • The lenders were led by Wells Fargo and included Commerzbank, Emirates NBD Capital, HSBC, National Bank of Abu Dhabi and Société Générale.
  • Burgan is Kuwait's third largest lender.

Sam Duke - Editor

Jurisdiction:

Kuwait

Deal type:

Financing

Practice area:

Banking

Industry sector:

Banking

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