Gulf News

Standard Chartered arranges $170m loan for Landmark

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Standard Chartered signed a $170 million syndicated loan facility for RNA Resources Group Ltd, part of Landmark Retail Limited. The internatio­nal syndicate comprises 11 local and internatio­nal banks — Abu Dhabi Commercial Bank, Bank of Baroda, Global Syndicatio­n Centre, London, Barclays Bank PLC Dubai, Lloyds TSB PLC Dubai, State Bank of India, Bahrain, Standard Chartered and Union National Bank as mandated lead arrangers, First Gulf Bank PJSC as lead arranger, Habib Bank Ltd, Hua Nan Commercial Bank Ltd, Offshore Banking Branch and The Shanghai Commercial and Savings Bank Ltd as arrangers.

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