Al Tamimi advises Al Ahli in securing global syndacated term loan
Al Tamimi & Company (Al Tamimi) advised Al Ahli Bank of Kuwait’s DIFC branch through successful securing of a global syndicated term loan facility.
The deal
With a USD 1 billion aggregate spanning over three years, this is the largest debt financing in the bank’s history. Both international and regional banks joined forces as part of the syndicate granting the transaction. Al Ahli will redirect the proceeds from this operation toward general corporate purposes.
The team
Partner Omar Handoush (pictured) led the Al Tamimi team on the matter, working alongside senior counsel Madhurima Basu and associate Amna Khan.
