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...