VOL.XXX

NO.1

13-OCTOBER-1986

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...