December 27, 2012

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Aluminium Bahrain BSC ("Alba") is pleased to announce that it has entered into term loan agreements to refinance the US$169m bond expiring in March 2013.

The term loans include a bilateral five year loan of US$85m between Alba and Gulf International Bank. It also includes and a syndicated three year loan of US$84m between Alba and a syndicate comprising of Ahli United Bank, National Bank of Bahrain, Tokyo-Mitsubishi UFJ Ltd, Arab Banking Corporation and Bank of Bahrain and Kuwait.
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