Mashreq closes US$88 million syndicated term loan facility for Joint-Stock Commercial Bank 'Agrobank'

Mashreq announced closing a US$88 million one-year syndicated term loan facility for Joint-Stock Commercial Bank “Agrobank”. Mashreq acted as sole coordinator, initial mandated lead arranger, bookrunner, and facility agent for the deal. Marking a debut transaction for an Uzbekistan state-owned bank in the MENA region, the facility was oversubscribed by…