LOANS AND ISSUES

SIB Returns With Pakistani and Australian Deals

Saudi International Bank (SIB), which since late 1982 has been far more active in the bond market than in the euro credit market, appeared in a leading role on deals for Pakistani and Australian borrowers last week. It is one of five lead managers of a $91mn tax-spared credit for Pakis- tan International Airlines (PIA) related to the purchase of new Boeing 737-300 aircraft. The five-year credit carries a 0.625% spread over...