UAE's Gulf Finance Corp to raise USD163.3m syndicated loan| MENAFN.COM

Wednesday, 10 August 2022 09:11 GMT

UAE's Gulf Finance Corp to raise USD163.3m syndicated loan

(MENAFN) Gulf Finance Corp, a subdivision of the Dubai-based Shuaa Capital, is set on raising a total of USD163.3 million through syndicated loans, according to the firm's Chief Executive, Reuters reported.

Gulf Finance plans to hit the loan market during the period between the third and the fourth quarter, the Chief Executive for the leading provider of financing solutions to SME stated.

The company was founded back in 1997 and now specializes in lending to the power, retail, healthcare, manufacturing and logistics sectors.

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