Home Industry Energy UAE’s Topaz Says Secures $550m Loan To Refinance Debt, Expand The loan consisted of three portions lasting between five and seven years. by Reuters April 30, 2015 Dubai-based oilfield services firm Topaz Energy and Marine has secured a $550 million conventional and Islamic multi-tranche loan, it said on Thursday. Standard Chartered, HSBC, Emirates NBD , Noor Bank, Gulf International Bank and First Gulf Bank were lead arrangers on the deal, according to a statement from the company. The loan consisted of three portions lasting between five and seven years, with proceeds used to refinance existing debt and fund its expansion plans. 0 Comments