NO. 45


Financial and Banking News

Regional Financing

$275mn Loan for Ibn Sina Signed

Saudi Arabia's National Methanol Company (Ibn Sina) signed a $275mn loan witheight banks on 4 August. The four lead underwriters (taking $46.25mn each) areSaudi American Bank, Saudi British Bank, Saudi Cairo Bank, and Bahrain-basedGulf International Bank. Other participants are Al Bank Al Saudi Al Fransi($30mn), Saudi Investment Bank ($30mn), Bank Al-Jazira ($20mn), and ArabNational Bank...