QNB Group announced the successful refinancing of its EURO senior unsecured syndicated term loan facility. The EUR 1 billion facility, with a maturity of three years, was well supported by both regional and international banks with 23 institutions joining the syndication allowing a substantial oversubscription. The syndication was led by Credit Agricole Corporate and Investment Bank, Societe Generale and Standard Chartered (the Bookrunners & Initial Mandated Lead Arrangers).

Standard Chartered acted as the Documentation Co-ordinator and Societe Generale as Facility Agent.