VOL. XXXII
NO. 24
20-MARCH-1989
Financial and Banking News
LOANS AND ISSUES
GIB Wins $500mn Omani Mandate
The Bahrain-based Gulf International Bank (GIB) has been awarded twoimportant mandates to raise funds on the euromarket for Oman and Iraq. The Omaniloan, for $500mn, is the first eurocredit raised by that country since May 1986.GIB has traditionally played a leading role in all of Oman's syndicatedborrowing in the past, and on the present loan it is sharing the mandate withChase Investment Bank...
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