Global Banking News-April 11, 2019-CIT acts as sole
lead arranger for USD36.8m financing
M2 EQUITYBITES-April 11, 2019-CIT acts as sole
lead arranger for USD36.8m financing
Al Ahli Bank of Kuwait (ABK) serves as the coordinating mandated
lead arranger and bookrunner, and together with UAE-based First Abu Dhabi Bank (FAB) act as mandated
lead arranger (MLA) and bookrunner, while Noor Bank acts as mandated
lead arranger.
First Tennessee served as Administrative Agent and
Lead Arranger for this transaction.
TD Securities (USA) LLC as lead left arranger and sole bookrunner, Capital One NA as joint
lead arranger, and Deutsche Bank Securities Inc.
Under the Agreement, NBK is the Mandated
Lead Arranger, Intercreditor Agent, Security Agent and Account Bank, and KFH is the Mandated
Lead Arranger and Commodity Murabahah Investment Agent.
Bank Islam Brunei Darussalam was the sole
lead arranger and Banque Misr - Paris, Emirates Islamic Bank and National Bank of Bahrain were all arrangers.
Emirates Islamic coordinated the Islamic facility with Mashreq Bank and Dubai Islamic Bank as initial mandated
lead arrangers and Arab African International Bank as mandated
lead arranger.
Australia and New Zealand Banking Group Limited was the Mandated
Lead Arranger and Book Runner.
The syndication of the new facility was completed with Wells Fargo Securities, LLC serving as left
lead arranger, and Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P.
ADIB acted as the mandated
lead arranger, investment agent, security agent and account bank for the facility.