MANAMA: Bahrain’s Gulf International Bank (GIB) has raised a $500 million three-year financing facility which will be used to refinance an existing term facility and for general funding purposes, the bank said.
GIB announced yesterday that it has closed the facility with a group of lenders comprising First Abu Dhabi Bank, HSBC Bank Middle East Limited, Natixis DIFC Branch, Riyad Bank, Mizuho Bank Limited, Samba Financial Group, State Bank of India Bahrain, Citibank NA Bahrain Branch and Wooribank Bahrain Branch .
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