Financial and Banking News
LOANS AND ISSUES
GIB Arranges $100mn ECP for Oman
Gulf International Bank (GIB) last week announced the signing of a $100mneuro-commercial program (ECP) for the Sultanate of Oman. GIB has beenprominent in arranging such issues for regional borrowers in the past, but thisis the first ECP arranged for a sovereign state in the region GIB acted as issueand paying agent for the notes, which are issued in $1mn and $0.5mndenominations and have...