Financial and Banking News
LOANS AND ISSUES
ABC's Dutch Subsidiary Arranges Innovative Bond Issue
The Dutch subsidiary of Arab Banking Corporation - ABC Kooijman CapitalMarkets - has arranged an innovative bond issue for the Dutch Cancer ResearchInstitute (Vereniging Het Nederlans Kanker Instit wt). The issue is for Dfl.275mn ($147mn) and comprises zero-coupon bonds issued at par with a ten-yearmaturity. The return on the bonds is distributed by lottery: at the end of...