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18/01/2016 17:08 AST
Saudi Arabia's Kingdom Holding , the investment firm of billionaire Prince Alwaleed bin Talal, has completed the refinancing of a 350 million euro ($381.3 million) loan facility, it said on Monday.
The loan, backed by the Four Season Hotel George V, was extended by a consortium of three banks, Kingdom Holding said in an emailed statement.
Credit Agricole Corporate and Investment Bank, Natixis Pfandbriefbank and Societe Generale Corporate and Investment Banking acted as co-lead arrangers, the statement said, while Credit Agricole acted as facility and security agent.
The transaction closed on Oct. 16, it added. ($1 = 0.9179 euros)
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