Financial and Banking News

LOANS AND ISSUES

South Korean Contractors Still Generating Business 

Ample evidence of the continuing volume of business to be derived from attending to the financing requirements of South Korean contractors is available from the regional syndicated loan market, where three deals are in process with Arab bank involvement. Kuwait Asia Bank (KAB) is one of four underwriters of a $20mn note issuance facility for the Daelim Industrial Company. The facility has...