Bahrain's Ahli United Bank (AUB) has signed an agreement with the International Finance Corp (IFC) to support the capitalisation and expansion plans of AUB. The World Bank's private-sector lender will invest in AUB through $125m in equity and $165m in subordinated debt. According to the agreement, the maturity date of the existing $200m subordinated loan raised in 2006 is to be extended from 2016 to 2018.
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