BOS to lead $155 M syndicated loan for Daewoo Engineering

The three-year facility, arranged in collaboration with other regional banks, will be used for general corporate purposes, supporting Daewoo’s working capital requirements for ongoing projects globally.

Mohamed Khadiri, CEO of Bank of Sharjah, commented, “This achievement reflects Bank of Sharjah’s strategic vision of supporting large international contractors by providing tailored financing solutions beyond their domestic borders.”

Haisam Mustafa, Head of International & Financial Institutions, said, “This transaction further strengthens our track record of providing financial and advisory services to major multinational corporates worldwide.”