02 Jun 2016
(MENAFN) Petroluem Development Oman (PDO) confirmed a USD 3.4bn loan with HSBC acting as the sole global financial adviser.
Accordingly, the firm will raise a global loan to fund its operations in response to the recent low oil price environment.
Meanwhile, the five year pre-export finance facility was launched with 10 global banks, but due to strong interest, the borrower is extending the syndicate.
Moreover, over 20 banks have been approached in general syndication, while Total and Partex Oil and Gas is predcited to raise more than USD 1bn.
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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