DOHA: Commercial Bank has signed a debut $166m 3-year Ninja Loan facility. Ninja Loans are loans for non-Japanese companies primarily consisting of investors in Japan. This transaction is the first Ninja Loan for a GCC FI.
Seven financial institutions are participating in this transaction. Mizuho Bank, Ltd acted as Sole Co-ordinator, Sole Bookrunner and Mandated Lead Arranger, Documentation Agent, Signing Agent, Publicity Agent and Facility Agent.
The facility attracted strong level of interest during syndication and was upsized from the original $100m launch amount despite challenging bank market conditions in the Middle East. The proceeds from the facility will be used for general corporate purposes.
The Peninsula
DOHA: Commercial Bank has signed a debut $166m 3-year Ninja Loan facility. Ninja Loans are loans for non-Japanese companies primarily consisting of investors in Japan. This transaction is the first Ninja Loan for a GCC FI.
Seven financial institutions are participating in this transaction. Mizuho Bank, Ltd acted as Sole Co-ordinator, Sole Bookrunner and Mandated Lead Arranger, Documentation Agent, Signing Agent, Publicity Agent and Facility Agent.
The facility attracted strong level of interest during syndication and was upsized from the original $100m launch amount despite challenging bank market conditions in the Middle East. The proceeds from the facility will be used for general corporate purposes.
The Peninsula
