VOL. XXXIII

NO. 37

18 JUNE 1990

Financial and Banking News

Loans & Issues

Syndicated Loan for Aluminium Bahrain May Rise to $650mn

The $560mn loan arranged for Aluminium Bahrain (Alba) to finance part of its$1,443mn expansion plan may be increased by up to $90mn as a result ofoversubscription during general syndication. Alba told the arranging banks on 13June that it was willing to see the loan increased to $650mn, but bankers stressthat the amount of the increase has not yet been decided and...