VOL. XXXIV
NO. 34
27-MAY-1991
Financial and Banking News
Regional Banking
Alba Seeks Interest Rate Swap...
Aluminium Bahrain (Alba) is hoping to secure fixed interest for all or partof the $650mn commercial bank loan signed in July 1990. The loan was priced at3/8% over three or six-month Libor for the first three years and 1/2% over Liborfor the remaining seven. Repayment begins four years after signing (MEES, 23July 1990). Alba asked banks to make offers for a swap into fixed interest ratesfor a...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!