Middle East Economic Survey

VOL. LII

No 29

20-Jul-2009

Jordan

Disi Water Company Secures $475Mn Loan

'Amman-based Disi Water Company (DIWACO) has signed an agreement to receive $475mn in multi-tranche loan facilities which carry a 21-year tenor, announced Bahrains Arab Banking Corporation (ABC). ABC acted the financial adviser and the loan was provided by consortium comprising the Overseas Private Investment Corporation (OPIC) from the US, French lenders Proparco and Agence Française de...