22 Jan 2014
(MENAFN) Kuwait’s Zain is seeking banks for multi-million loans as it is raising money before an existing USD867 million debt-facility matures, according to Arab News.
Zain spokesman said: “Zain is often discussing potential new loans to finance possible expansion opportunity purposes and general corporate needs, as well as trying to refinance existing loans at better rates and conditions for the group and its operations.”
Two banking sources said that the five-year loan will be a revolving facility.
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more