scorecardresearch
Saturday, July 19, 2025
Support Our Journalism
HomeWorldBank of Sharjah acts as mandated lead arranger, bookrunner in US$155m loan...

Bank of Sharjah acts as mandated lead arranger, bookrunner in US$155m loan for ‘Daewoo Engineering’

Follow Us :
Text Size:

Sharjah [UAE], February 16 (ANI/WAM): Bank of Sharjah announced that it has acted as Mandated Lead Arranger and Bookrunner for a US$155 million Club Loan Facility for Daewoo Engineering & Construction Co Ltd.

The three-year facility, arranged in collaboration with other regional banks, will be used for general corporate purposes, supporting Daewoo’s working capital requirements for ongoing projects globally.

Mohamed Khadiri, CEO of Bank of Sharjah, commented, “This achievement reflects Bank of Sharjah’s strategic vision of supporting large international contractors by providing tailored financing solutions beyond their domestic borders.”

Haisam Mustafa, Head of International & Financial Institutions, said, “This transaction further strengthens our track record of providing financial and advisory services to major multinational corporates worldwide.” (ANI/WAM)

This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular