Financial and Banking News
LOANS AND ISSUES
Strong Arab Backing for Pakistan Loan
Pakistan's recent $150mn syndicated loan (MEES, 19 August) has attracted strong interest among Arab banks. The deal was mandated to five banks, including Gulf International Bank (GIB) and Arab Banking Corporation (ABC), and has attracted an exclusively Arab lead management group to underwrite $10mn apiece comprising Al Bank al-Saudi al-Fransi, Alahli Bank of Kuwait, Arab Bank Ltd. Bahrain Middle...