The loan has tranches with three- and five-year maturities and a $200 million greenshoe option.
Tuesday 11, June 2019 BY KUDAKWASHE MUZORIWA
Emirates NBD has mandated Japan's Mizuho Bank to arrange a $200 million loan, reported Reuters.
The $200 million loan is also being syndicated to other banks and offers interest margins of 80 basis points and 110 basis points over the London interbank offered rate for the three-and five-year tranches.
Last year, the lender raised a $2 billion three-year loan involving a group of 18 lenders.