VOL. XLVII
No 02
12-January-2004
CAPITAL MARKETS
KUWAIT
GIB To Arrange And Underwrite $100Mn Loan For Kuwaiti Company
Bahrain-based Gulf International Bank (GIB) has been mandated to arrange and underwrite a $100mn syndicated term loan facility for the Commercial Facilities Company, a consumer finance company based in Kuwait. The four-year loan carries an interest rate of 0.95% over Libor and will be used for general corporate purposes, said GIB. The amount has been successfully raised, added GIB,...
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