MANAMA: The NBB Group, comprising the National Bank of Bahrain and Bahrain Islamic Bank, has closed a $235 million ijara facility for Oman-based Mazoon Electricity Company (MZEC), with the group acting as the sole structuring, arranging and bookrunning bank on the facility.
Mazoon electricity is owned by the government of Oman through its holding company for the electricity and water sector, Nama Holding .
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