Bahrain’s Oil & Gas Holding hires banks to refinance $1.6 bn loan
Reuters | Dubai
The Daily Tribune – www.newsofbahrain.com
Bahrain’s Oil & Gas Holding Company has hired Gulf International Bank (GIB) and Mashreq to refinance an existing $1.6 billion Murabaha facility, GIB said yesterday.
“The proposed transaction will have both Islamic and conventional tranches and will be sustainability linked,” GIB told Reuters in response to a query.
Oil & Gas Holding and Mashreq did not immediately respond to requests for comment.
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