QNB Finansbank secures $241.5 million syndication
QNB Finansbank has secured a syndication of $241.5 million and 235.7 million euros.
QNB Finansbank has announced that it has obtained a sustainability-linked syndicated loan from international financial institutions, consisting of two tranches totaling $241.5 million and 235.7 million euros.
In the statement made by the bank to the Public Disclosure Platform (KAP), it was stated that the total cost of the 367-day syndicated loan is SOFR + 3.50 percent per annum for the dollar tranche and Euribor + 3.25 percent per annum for the euro tranche.
News Source: 12punto
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