Qatar’s Commercial Bank gets $166m international loan

Dubai: Commercial Bank of Qatar (CBQ) has obtained a $166 million (Dh609 million), three-year loan from international banks for general corporate purposes, it said on Monday. Seven lenders participated in the deal, with Mizuho Bank acting as sole co-ordinator, sole bookrunner and mandated lead arranger. Agricultural Bank of China, State Bank of India and Bank of Taiwan were also mandated lead arrangers; Gunma Bank and Shizuoka Bank were lead arrangers, while Fuyo General Lease was an arranger.