Arcapita Bank BSC, an Islamic-compliant fund manager, will consider a revised offer for a bankruptcy-exit loan from Fortress Credit Corp. to compete with a proposal from Goldman Sachs International, Bloomberg News reported yesterday. Both loan offers of $350 million would fund Arcapita’s exit from chapter 11 protection, Fortress said in court papers filed yesterday. Fortress said that it had been in talks since last year to provide an exit loan to Arcapita and was disappointed that the company and its creditors’ committee chose the Goldman Sachs offer.
