Financial and Banking News
Loans & Issues
Alba's $650mn Loan Signed on Schedule
Signing of the $650mn loan for Aluminium Bahrain (Alba) took place asexpected on 17 July (MEES, 2 July). With the exception of the amount of theloan, which had originally been set at $560mn, the terms have not been changedsubstantively since the mandate was awarded in January. The loan has a finalmaturity of 10 years from signing with a grace period of four years, and isavailable up...