VOL. XXXIV
NO. 36
10-JUNE-1991
Financial and Banking News
Regional Banking
ABC, Chase and Riyad Bank to Arrange $110mn Loan for Alba
Aluminium Bahrain (Alba) at the end of May mandated Arab Banking Corporation(ABC), Chase Investment Bank and Riyad Bank to arrange a $110mn loan to financeits retrofit project. The loan will be for five years and will be priced at 3/8%over Libor. Fees were still being discussed during the first week of June. Thethree banks are expected to syndicate the loan. The...
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