Financial and Banking News
LOANS AND ISSUES
ABC Completes Last European Loans
Arab Banking Corporation (ABC) has completed two successful deals which it helped to arrange for East European borrowers. The $600mn loan for the East German Deutsche Aussenhandelsbank (DAbank) (MEES 3 June) was increased from an original $200mn and had 26 lead managers, including ABC which provided $3mn over US Prime and $12mn over Libor, Bahrain Middle East Bank ($12.5mn over Libor), BAII ($2.5mn over...