Gulf International Bank B.S.C. (GIB) announced the successful closing of a USD 1 billion five-year term loan facility for Energy Development Oman (EDO), arranged together with Mashreq as Joint Initial Mandated Lead Arrangers, Underwriters and Bookrunners. The transaction attracted strong participation from an international group of 15 banks. Initially launched at USD 750 million, the facility was upsized to USD 1 billion following significant oversubscription and robust demand from both EDO’s core relationship banks and new international lenders. More than half of the final allocations were made to banks outside ...