Tags : Dinush Wickremanayake

Banking & Finance Oil & Gas Other

Linklaters: nogaholding refinance & upsize its USD1.6bn Murabaha Facility

The Oil and Gas Holding Company (nogaholding), has successfully closed refinancing and upsizing of its USD1.6bn Murabaha Facility to USD2.2bn. The new facility was structured as a dual-tranche (conventional and Islamic) loan employing Day 1 Secured Overnight Financing Rate mechanics, with a maturity date of September 2026. This successful refinancing marks the largest sustainability-linked loan […]