VOL. XXXIV
NO. 33
20-MAY-1991
Financial and Banking News
Bank Finance
Alba to Raise $110mn for Retrofit Project
Aluminium Bahrain (Alba) has invited tenders for a $110mn loan to cover thecost of its retrofit project which will improve the efficiency of its existingpot lines and curtail fume emission. Bankers report that bids have beensubmitted by Massraf Faysal al-Islami and by a group of four banks led by ArabBanking Corporation (ABC). Alba is hoping for a ten-year tenor on the loan,although...
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