Financial andBanking News
LOANS AND ISSUES
GIB Signs YKB Loan, Leads Indonesia
The $50mn pre-export financing arranged by Gulf International Bank (GIB) forYapi ve Kredi Bankasi (MEES, 3 November) was signed on 27 November in Bahrain.The facility provides YKB with funds over a 13-month period at a 1.125% spreadover Libor, and was lead managed by GIB, Kuwait Asia Bank (KAB), and Bank ofTokyo. Participants included Alahli Bank of Kuwait, ABC, Mitsui Bank, UBAF Arab...