VOL. XXXV
NO. 9
2-DECEMBER-1991
Financial and Banking News
Regional Financing
Al-Hamrani Looks to the Future with New SR200mn Facility
Three banks have signed a five-year SR200mn revolving credit facility forSaudi Arabia's al-Hamrani and al-Suleiman United Company (AAU), which was thesubject of one of the Kingdom's biggest corporate reschedulings in themid-1980s. The new facility will be used to open letters of credit and toprovide working capital loans. It was arranged by Gulf International Bank...
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