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Wireless

STC Bahrain inks USD 186 mln financing deal with banks

Tuesday 16 November 2021 | 15:44 CET | News
STC Bahrain announced the signing of a USD 186 million, five-year bullet payment loan, provided by Abu Dhabi Islamic Bank and MUFG Bank. The deal will support STC Bahrain's ongoing investment in developing ICT infrastructure in Bahrain to pave the way for future digital services. The loan will provide the necessary liquidity to further invest in STC Bahrain's infrastructure and improve the company's overall digital capabilities.

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Categories: Mobile & Wireless
Companies: STC Bahrain
Countries: Bahrain
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