Brief: Commercial Bank Says $875 Mln Syndicated Loan Arranged By Bank Of America And Mizuho Bank

The Commercial Bank (P.S.Q.C.)

23/08/2021 06:19

Aug 23 (Reuters) - COMMERCIAL BANK PSQC  COMB.QA :
    * COMMERCIAL BANK $875 MILLION SYNDICATED LOAN LED BY JOINT
COORDINATORS - BANK OF AMERICA AND MIZUHO BANK LIMITED
    * MANDATED BANK OF AMERICA AND MIZUHO BANK LIMITED ON MAY
25, 2021
TO LEAD AND ARRANGE A 3-YEARS $750 MILLION SYNDICATED LOAN WHICH
WAS SUCCESSFULLY OVERSUBSCRIBED UP TO $1.44 BILLION
    * DECIDES TO RETAIN A HIGHER FACILITY AMOUNT OF UP TO $875
MILLION
    * PURPOSE OF FACILITY IS TO REFINANCE THE EXISTING DEBT AND
TO
MEET THE BANK’S GENERAL FUNDING REQUIREMENTS

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