NO. 9


Financial and Banking News

Loans & Issues

Saudi Arabia, Algeria and Bahrain Line Up Loans

A marked revival in the regional commercial borrowing market is apparent,with major syndicated deals for three borrowers now shaping up. Few details haveemerged over a "jumbo" deal for Saudi Arabia, which, according to theFinancial Times of London, is for $3.1bn, and which is reputedly being arrangedby Saudi International Bank (SIB). According to this report, a special...