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ADIB arranges $32m Ijara facility for Waha Maritime acquisition

Tue, 2011-01-04 13:02 — newsdesk

Abu Dhabi Islamic Bank (ADIB) has acted as Mandated Lead Arranger for the $32 million structured Ijara facility to fund the acquisition of up to six Offshore Supply Vessels (OSVs) for Waha Offshore Marine Services, a unit of ADX-listed Waha Capital.
The financing represents an important milestone for Waha Maritime in its expansion in the Offshore Supply Vessel (OSV) sector.

Source: 

http://www.zawya.com/story.cfm/sidZAWYA20110104040308/ADIB%20arranges%20$32m%20Ijara%20facility%20for%20Waha%20Maritime%20acquisition