Doha Bank Q.P.S.C. (“Doha Bank” or the “Bank”) wishes to announce that it has successfully completed the signing of a 3-year syndicated term loan facility (the “Facility”) on 20 December 2021. The Facility includes an option to extend the maturity by 1 year at the end of the initial 3-year term. The Facility was drawn in full on 23 December 2021.

Launched in November, the Facility was originally targeting deal size of US$350,000,000. The Facility generated strong interest from existing and new relationship banks across EMEA and Asia regions, and the syndication was closed oversubscribed. A total of 16 financial institutions joined the Facility, and the Facility was subsequently upsized to US$762,500,000. The strong response to the deal is a testament to Doha Bank’s good access to the capital markets, and deep relationships with a diverse range of lenders.