(Bloomberg) -- Commercial Bank of Qatar raised $750 million from a syndicated loan to refinance and for general funding requirements.
The three-year senior unsecured term-loan facility paid a margin of 100 basis points above Libor, according to a statement. It was oversubscribed at $975 million.
Banks involved in the process:
Bank of America Merrill Lynch
Mizuho Bank
Australia & New Zealand Banking Group
Barclays Bank
Citibank
Commerzbank Aktiengesellschaft
Standard Chartered Bank
HSBC Bank Middle East
UniCredit Bank
Credit Suisse
Doha Bank
Morgan Stanley
Erste Group Bank
To contact the reporter on this story: Abbas Al Lawati in Dubai at aallawati6@bloomberg.net
To contact the editors responsible for this story: Shaji Mathew at shajimathew@bloomberg.net, Stefania Bianchi
