Middle East Economic Survey

VOL. XLVIII

No 27

4-July-2005

REGIONAL

Bank Participants Emerging On Dolphins Second Bridge Financing

Dolphin is expected to make an announcement shortly about the amount of funding it has attracted for its second bridge financing. MEES understands it will be considerably higher than the $1.3bn it had originally requested. According to the latest market soundings, the Islamic tranche is expected to provide about $875mn, and the conventional tranche around $2.1-2.5bn,...