VOL. XXXI

NO. 27

11-APRIL-1988

Financial and Banking News

LOANS AND ISSUES

ABC Leads Polly Peck Issue

The Frankfurt subsidiary of Arab Banking Corporation - ABC-Daus - has made arare appearance as the lead-manager of a bond issue by arranging a DM100mn issuefor Polly Peck International Finance Ltd, the Cayman Islands subsidiary of PollyPeck, a UK-based conglomerate with substantial interests in Turkey and theTurkish-controlled sector of Cyprus. The bonds mature in 1993 and were issued atpar with a...