VOL. XXXV
NO. 35
1-JUNE-1992
Financial and Banking News
Regional Financing
Competition among Underwriters Cuts Price of Ibn Sina Loan
Banks underwriting the $275mn loan to Saudi Arabia's National MethanolCompany (Ibn Sina) hope to close syndication around 3 June. The underwritershope that four to six banks will join the syndication.
Invitations have been sent only to Saudi banks. The underwriters are SaudiAmerican Bank, Saudi Cairo Bank, Saudi British Bank and Bahrain-based GulfInternational Bank...
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