Financial and Banking News
LOANS AND ISSUES
Commercial Facilities Loan Succeeds
The $50mn loan for the 57% Kuwaiti government-owned consumer credit company,Commercial Facilities Company (MEES, 25 August), has been successfully completedwith a massive total of $44mn raised from general syndication. KFTCIC acted asagent, and the other four lead managers (ABC, Alahli, LAFB and Saudi Fransi)have had their take reduced from $10mn to $4mn. Entering the deal wereCommercial...
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