VOL. XXXNO. 220-OCTOBER-1986
FINANCIAL AND BANKING NEWS
LOANS AND ISSUES
ABC Arranges Yemeni Loan
Arab Banking Corporation (ABC) has completed its $50mn loan for the San'a-basedYemen Bank for Reconstruction and Development (YBRD), which will be signed on 23October. The loan is for three years with a 1.5% spread over Libor. Joining ABCas a co-lead manager (for a 1.25Z FEF and a $10mn take) is National CommercialBank (NCB) of Jiddah, with Libyan Arab Foreign Bank (LAFB) as manager and ArabBank as...
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