Abu Dhabi state investment fund Mubadala has signed a $2bn loan refinancing, two banking sources said on Wednesday.
The three-year revolving credit facility attracted a total of 19 international lenders, one of the sources said, and replaces a $2.5bn loan agreed in 2010.
Banks taking part in the transaction would be regarded by Mubadala as key relationship lenders, meaning they would be chosen for future fee-paying work, Kelly Thomson, Mubadala's head of structured finance, told a conference in Dubai in January.
Read more: http://www.arabianbusiness.com/uae-s-mubadala-said-sign-2bn-loan-refinancing-496569.html
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