PE Firm Gulf Capital Scores $136M Funding Line

Law360, New York (February 7, 2012, 2:06 PM EST) -- Middle East private equity firm Gulf Capital and Abu Dhabi Commercial Bank have arranged a record five-year revolving facility of 500 million Arab Emirates dirhams ($136 million) to help finance Gulf Capital’s growing pipeline of investments, the company announced on Tuesday.

The new flexible medium-term facility will allow Gulf Capital to leverage its balance sheet and draw down the loan facility to finance investments across various business units, the firm said. Terms of the facility were not immediately available.

“This new substantial facility of ... 500...
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