The US$300mn refinancing for Qatar Fuel Additives Company (Qafac) has been signed.
Mandated lead arrangers are Cr édit
Co-arrangers, taking US$25mn for 50bp fees, are Mashreq Bank and National Bank of Bahrain.
Senior lead managers taking US$15mn for 40bp are Bank of Kuwait & The Middle East, and Doha Bank.
Commercial Bank of Qatar, ICBC and Kao Shung Bank joined as lead managers invited for US$7.5mn for 30bp.
The margin is 75bp over Libor.