DUBAI: Bahrain-based Gulf International Bank has recently closed a $625 million sustainability-linked syndicated loan, in a deal oversubscribed in international markets.
The facility was originally set at $500 million, but commitments reached $1.1 billion, the Public Investment Fund-owned GIB said in a statement.
More than 20 global investors from the US, Europe, the Middle East and Asia participated in the transaction, which incorporates environmental, social, and governance metrics.
