Financial and Banking News


Arab Banks Co-manage 17 Issues

Arab banks acted as co-managers in the 17 following bond issues during recent weeks. Saudi International Bank kept its dominant position in the FRN sector, while Kuwait's 'three K's' were active in convertible issues:

 Borrower Amount Maturity Arab Co-managers  Floating Rate Notes  Central International Ltd $150mn May 2000 SIB Ente Nazionale per l'Energia Elettrica $300mn May 2005 SIB EximBank...