RJ signs $250m syndicated loan agreement led by Arab Bank

RJ signs $250m syndicated loan agreement led by Arab Bank

AMMAN — Royal Jordanian Airline (RJ) announced on Wednesday the signing of a $250 million syndicated loan agreement, led by Arab Bank and several Jordanian and regional financial institutions.This step underscores the solid confidence the banking sector places in the airline, according to a statement by the Arab Bank.During the signing ceremony, RJ Chairman of the Board of

Royal Jordanian signs syndicated loan agreement led by Arab Bank

Royal Jordanian signed today a syndicated loan agreement valued at USD 250 million, led by Arab Bank with the participation of several Jordanian and regional banks. This step underscores the solid confidence the banking sector places in the airline. In his opening remarks at the signing ceremony, Royal Jordanian’s Chairman of the Board of Directors Said Darwazeh said that Royal Jordanian has a long-standing legacy as the national carrier and has…

Royal Jordanian gets $250m to drive expansion

Arab Bank led funding Royal Jordanian fleet upgrade New Airbus aircraft coming Jordan’s flag carrier Royal Jordanian has secured a syndicated loan of $250 million to finance its expansion plans. Arab Bank led the funding round with the participation of several Jordanian and regional banks. The airline’s CEO Samer Majali said that the financial support will help modernise the fleet, route expansion, set up new ventures and drive digital transform…

Royal Jordanian Airline signs $250mln syndicated loan agreement led by Arab Bank

This step underscores the solid confidence the banking sector places in the airline, according to a statement by the Arab Bank