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FINANCIAL NEWS
Oman’s Orix issues USD25mn to fund leasing business
05 Jan 2017
(MENAFN) Oman Orix Leasing Company, one of the leading non-banking finance firms in the country proclaimed that it raised USD25mn to fund its leasing finance business.
Meanwhile, the term facilities were offered by Bahraini lender BBK and the National Bank of Ras Al Khaimah, while Alpen Capital Oman was the advisor to the transaction.
In addition, the firm will extend its gratitude to all parties in making this transaction a success and supporting it in growth objectives.
Moreover, the firm’s strong track record and reputation have played a major role in helping them execute this transaction and place it with local banks.
M
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