Financial and Banking News
LOANS AND SYNDICATIONS
Saudi Kuwait Cement Loan Goes Ahead
A number of legal complications having been removed, the SR450mn ($129mn) loan for the Saudi Kuwait Cement Company (MEES, 5 November 1984) went into general syndication on 9 February. The three mandated banks, National Commercial Bank (NCB) of Jiddah, al-Bank al-Saudi al Fransi and Gulf International Bank (GIB), have arranged the seven year deal in two tranches: a SR400mn term loan, with heavy...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!