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Bahrain's Alba eyes expansion with $700m fund

The fund will be used to finance its Power Station 5 and Power Distribution System projects. The facilities comprise a $310.4m (BHD117.1m) SERV Guaranteed Export Credit with an interest margin of 90 basis point per annum over the London Interbank Offered Rate (LIBOR); a $358.1m (EUR314.3m; BHD135.1m) SERV Guaranteed Export…

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