ASAR with Eskan Bank in financing transaction
ASAR Bahrain acted as sole lead counsel for Eskan Bank in their landmark syndicated finance transaction which was comprised of two Sharia-compliant Murabaha facilities, a USD 266 million term facility and a BHD 150 million term and revolving facility, totaling approximately USD 664 million to advance Eskan Bank’s corporate objectives.
ASAR Bahrain team
The ASAR Bahrain team, led by partner Simone Del Nevo (pictured) and senior associate Rahul Sud.
About the facility
The USD facility was arranged by National Bank of Bahrain B.S.C. (NBB), Bahrain Islamic Bank B.S.C. (BisB), and Boubyan Bank K.S.C.P., while the BHD facility was arranged by National Bank of Bahrain B.S.C. (NBB) and Bahrain Islamic Bank B.S.C. (BisB).
