NO. 47


Financial and Banking News


Indosuez to Start Arranging Finance for Gulf Air's Airbuses thisAutumn

Banque Indosuez has a framework agreement with Gulf Air to lead the financingof its 12 Airbuses, which are due for delivery during the next three years. Thebank expects to start approaching the market in the autumn. The first fourAirbuses are due for delivery in the second quarter of 1992, with the second andthird groups of four following in 1993 and 1994....