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Wednesday, November 12, 2025 10:1 GMT
Gulf International Bank (GIB) announced the closing of a US$1 billion five-year term loan facility for Energy Development Oman (EDO), arranged together with Mashreq as Joint Initial Mandated Lead Arrangers, Underwriters and Bookrunners. The transaction attracted participation from an international group of 15 banks. Initially launched at US$750 million, the facility was upsized to US$1 billion following significant oversubscription and robust demand from both EDO’s core relationship banks and...More