Union National Bank (UNB) has concluded a three-year syndicated term loan facility at $750 million. The bank had mandated Commerzbank, FGB, HSBC Bank Middle East, National Bank of Abu Dhabi and Standard Chartered to arrange the facility for $500 million.
However, in a statement to the Abu Dhabi Securities Exchange, UNB noted that the facility had been oversubscribed and finalised at $750 million.
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