{"id":89504,"date":"2024-02-28T00:00:00","date_gmt":"2024-02-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/"},"modified":"2024-02-28T00:00:00","modified_gmt":"2024-02-28T00:00:00","slug":"uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/","title":{"rendered":"Uzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq"},"content":{"rendered":"

Mashreq arranges USD 88 mn syndicated loan for Uzbekistan\u2019s Agrobank:<\/strong>Our friends at Mashreq<\/a> have secured a one-year USD 88 mn syndicated loan for Uzbekistan\u2019s largest commercial lender Agrobank<\/a>, according to a press<\/a>release (pdf)<\/a>. Agrobank will use the funds for \u201cgeneral corporate purposes,\u201d the statement said. The bank did not disclose who subscribed to the transaction, but said it drew investors from the region, Europe and the Commonwealth of Independent States (CIS). <\/p>\n

The transaction \u2014 which is the first for an Uzbekistan-owned bank in the MENA region \u2014 <\/strong>was 0.75x oversubscribed<\/strong>, surpassing the initial USD 50 mn earmarked for the loan on the back of demand from investors in the region.<\/p>\n

What they said:<\/strong> \u201cThe collaboration reinforces Mashreq\u2019s commitment to fostering growth in emerging markets and supporting small businesses operating in vital sectors, such as agriculture,\u201d Mashreq Group Head of Corporate and Investment Banking Joel Van Dusen said. <\/p>\n

Advisors:<\/strong> Mashreq is the sole coordinator, initial lead arranger, bookrunner and facility agentfor the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"

The transaction was 0.75x oversubscribed<\/p>\n","protected":false},"author":1,"featured_media":89505,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1546],"tags":[398,68,7,288,1466],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-agriculture","tag-debt-watch","tag-enterpriseam-uae","tag-mashreq","tag-uzbekistan","wpautop","entry"],"acf":{"mongo_id":"de02691b-d309-48af-83c1-713c7d2ed6f2","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/2673.jpg","photo_position":"above","homepage_title":"","full_issue_title":"State-owned Uzbekistan bank secures USD 88 mn syndicated loan from Mashreq","related_issue":[89498],"teaser":"The transaction was 0.75x oversubscribed","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.7a5f57af-7a29-46a8-86b1-b30ad2ac1ff3.mp3"},"yoast_head":"\nUzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq\" \/>\n<meta property=\"og:description\" content=\"The transaction was 0.75x oversubscribed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-28T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Uzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq\",\"datePublished\":\"2024-02-28T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/\"},\"wordCount\":172,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1\",\"keywords\":[\"agriculture\",\"DEBT WATCH\",\"EnterpriseAM UAE\",\"Mashreq\",\"Uzbekistan\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/\",\"name\":\"Uzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-02-28T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Uzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Uzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/","og_locale":"en_US","og_type":"article","og_title":"Uzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq","og_description":"The transaction was 0.75x oversubscribed","og_url":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/","og_site_name":"UAE","article_published_time":"2024-02-28T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Uzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq","datePublished":"2024-02-28T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/"},"wordCount":172,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1","keywords":["agriculture","DEBT WATCH","EnterpriseAM UAE","Mashreq","Uzbekistan"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/","url":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/","name":"Uzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1","datePublished":"2024-02-28T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2024\/02\/28\/uzbekistans-agrobank-secures-usd-88-mn-syndicated-loan-from-mashreq\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Uzbekistan\u2019s Agrobank secures USD 88 mn syndicated loan from Mashreq"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/2673.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/89504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=89504"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/89504\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/89498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/89505"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=89504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=89504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=89504"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=89504"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=89504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}