Doha Bank, one of the largest commercial banks in Qatar in terms of assets, is looking for a 3-year loan of $350 million, following a financing it obtained earlier this year.
The loan also includes a one-year extension option and an interest rate of about 85 basis points above LIBOR, a global benchmark interest rate, Alarabiya reported.
Banks that finance more than $100 million will receive an interest rate of 108 basis points on the total tranche.
Those offering to lend less than $100 million will receive a total interest rate of 106 basis points.
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