VOL. XXXI

NO. 25

28-MARCH-1988

Financial and Banking News

LOANS AND ISSUES

Strong Arab Interest in Nomura Convertible Issue

There was considerable interest from Arab banks and financial institutionsin a recent issue of eurobonds by Nomura Securities with equity warrantsattached. The issue raised a total of $200mn, of which $60mn was designated asan Asian tranche, as well as a simultaneous DM100mn issue on the German market.The Arab financial interest was limited to the Asian tranche, with five...