UAE banks lead arrangers for dual syndicated term facility to TDB

UAE-based banks, including Emirates NBD, First Abu Dhabi Bank and Mashreq Bank, along with the Bank of Tokyo-Mitsubishi, were the lead arrangers of a $332 million dual tranche and dual currency syndicated term facilities given to the Eastern and Southern African Trade and Development Bank (TDB). The launch amount of the transaction was $200 million but the commitments reached the equivalent of $332 million.