{"id":24925,"date":"2025-03-10T04:25:22","date_gmt":"2025-03-10T00:25:22","guid":{"rendered":"https:\/\/nbfislamic.ae\/?p=24925"},"modified":"2025-04-11T04:30:31","modified_gmt":"2025-04-11T00:30:31","slug":"national-bank-of-fujairah-takes-the-lead-role-in-arranging-a-usd-100-million-syndicated-financing-deal","status":"publish","type":"post","link":"https:\/\/nbfislamic.ae\/ar\/national-bank-of-fujairah-takes-the-lead-role-in-arranging-a-usd-100-million-syndicated-financing-deal\/","title":{"rendered":"National Bank of Fujairah takes the lead role in, arranging a USD 100 million syndicated financing deal"},"content":{"rendered":"<div class=\"intro-text\">\n<p><strong>Landmark financing deal cements NBF\u2019s leadership as the preferred financial partner for high-value industrial ventures<\/strong><\/p>\n<p><strong>Dubai, UAE\u00a0<\/strong>\u2013\u00a0<strong>10 March<\/strong><strong>2025<\/strong>\u00a0\u2014 The National Bank of Fujairah (NBF) has successfully closed a single currency term and letter of credit syndicated transaction totalling USD 100 million to support Pure Cement LLC in the construction of a clinker production unit with a capacity of 6,500 tonnes per day (TPD), and an 8.5 MW Waste Heat Recovery-based captive power plant.<\/p>\n<p>With a total project cost of USD 135.97 million, the financing will support the procurement of plant, equipment, and fixed assets, ensuring the successful execution of the project. NBF acted as the Arranger, Facility and Security Agent, leading the transaction in collaboration with Emirates NBD Bank (P.J.S.C.) and The National Bank of Ras Al Khaimah (P.S.C.), which each contributed USD \u00a025 million.<\/p>\n<p><em>\u201cThis transaction is a testament to NBF\u2019s ability to structure and deliver complex syndicated deals that drive business growth and industrial progress,\u201d said\u00a0<strong>Adnan Anwar, CEO at NBF<\/strong>. \u201cAs the lead banker, we go beyond financing\u2014we serve as a strategic partner, delivering tailored financial solutions that drive long-term success and strengthen our reputation as a trusted financial partner across the region.\u201d<\/em><\/p>\n<p>To commemorate this milestone, NBF hosted a formal signing ceremony at its headquarters, bringing together representatives from Emirates NBD, RAKBANK, and key industry stakeholders. The event reinforced NBF\u2019s market leadership in syndicated financing, underscoring its commitment to supporting the UAE\u2019s economic growth and industrial expansion.<\/p>\n<\/div>\n<p>For further information, please contact:<\/p>\n<p>Strategic Marketing and Communications Department<br \/>\nE-mail:\u00a0<a href=\"mailto:CorpComm@nbfislamic.ae\">CorpComm@nbfislamic.ae<\/a>\u00a0and\u00a0<a href=\"mailto:nbf@fourcommunications.com\">nbf@fourcommunications.com<br \/>\n<\/a>Telephone: +971 4 507 8351 and +971 4 507 8576<\/p>\n<div class=\"content-right-column\">\n<figure class=\"photo-box\"><picture><source srcset=\"\/media\/115393\/k__b7580.jpg?anchor=center&amp;mode=crop&amp;width=240&amp;height=180&amp;rnd=133860735090000000, \/media\/115393\/k__b7580.jpg?anchor=center&amp;mode=crop&amp;width=395&amp;height=296&amp;rnd=133860735090000000 1.5x\" media=\"(max-width: 767px)\" \/><\/picture><\/figure>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Landmark financing deal cements NBF\u2019s leadership as the preferred financial partner for high-value industrial ventures Dubai, UAE\u00a0\u2013\u00a010 March2025\u00a0\u2014 The National Bank of Fujairah (NBF) has successfully closed a single currency term and letter of credit syndicated transaction totalling USD 100 million to support Pure Cement LLC in the construction of a clinker production unit with [&hellip;]<\/p>\n","protected":false},"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[83],"tags":[],"years":[],"class_list":["post-24925","post","type-post","status-publish","format-standard","hentry","category-pr"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","pp_force_visibility":null,"pp_subpost_visibility":null,"pp_inherited_force_visibility":null,"pp_inherited_subpost_visibility":null,"pp_post_mime_type":"","acf":[],"aioseo_notices":[],"modified_by":null,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/nbfislamic.ae\/ar\/wp-json\/wp\/v2\/posts\/24925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nbfislamic.ae\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nbfislamic.ae\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nbfislamic.ae\/ar\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nbfislamic.ae\/ar\/wp-json\/wp\/v2\/comments?post=24925"}],"version-history":[{"count":0,"href":"https:\/\/nbfislamic.ae\/ar\/wp-json\/wp\/v2\/posts\/24925\/revisions"}],"wp:attachment":[{"href":"https:\/\/nbfislamic.ae\/ar\/wp-json\/wp\/v2\/media?parent=24925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nbfislamic.ae\/ar\/wp-json\/wp\/v2\/categories?post=24925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nbfislamic.ae\/ar\/wp-json\/wp\/v2\/tags?post=24925"},{"taxonomy":"years","embeddable":true,"href":"https:\/\/nbfislamic.ae\/ar\/wp-json\/wp\/v2\/years?post=24925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}