United Arab Emirates: Linklaters advised Bahrain’s state oil company, The Oil and Gas Holding Company B.S.C. (c) (nogaholding), on its first sustainability-linked loan, a refinancing and upsizing of its US$1.6bn Murabaha Facility to US$2.2bn. The new facility was structured as a dual-tranche (conventional and Islamic) loan employing Day 1 Secured Overnight Financing Rate mechanics, with a maturity date of September 2026. This successful…
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