VOL. XLVII
No 09
01-March-2004
REGIONAL BANKING
GIB Provides $100Mn Loan To Commercial Facilities Company
Gulf International Bank (GIB) and Kuwait-based Commercial Facilities Company (CFC) signed a $100mn syndicated term loan facility that has been arranged and fully underwritten by GIB. The four-year loan pays a margin of 0.95% over Libor and will be used for general corporate purposes. The amount has been successfully raised and GIB has been joined by a number of local, regional and...
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