Financial and Banking News

LOANS AND ISSUES

Greece and Turkey Spark Lending Interest 

Five relatively straightforward syndicated deals for Greek and Turkish borrowers have provided a minor revival in traditional lending activities for Arab banks in recent weeks.

Greece's Public Power Corporation has had a popular deal on the market which was increased from $100mn to $150mn, with eight lead managers including Arab Banking Corporation (ABC), Gulf International Bank (GIB) and USAF....