Financial and Banking News


ABC Mandated for Hyundai NIF 

Arab Banking Corporation (ABC) was mandated on 6 February together with BOT International (HK) Ltd. KEB (Asia) Finance Ltd and Nomura Europe to arrange a $85mn Note Issuance Facility (NIF) in favor of Hyundai Engineering and Construction Company. The facility will run for five years and will be repaid in four equal installments after 30, 48, 54 and 60 months. Transferable bearer notes with a tenor of up to 12...