VOL. XLVII
No 12
22-March-2004
KUWAIT
REGIONAL BANKING
Oversubscription Prompts CBK To Increase Loan Facility
Following significant oversubscription, a syndicated loan facility for Commercial Bank of Kuwait (CBK) was increased to $300mn from the $250mn launch amount, announced mandated lead arrangers (MLAs) Arab Banking Corporation (ABC) and Sumitomo Mitsui Banking Corporation Europe. The three-year loan was priced at 40 bps over libor and is being used to refinance an existing CBK loan.
There was...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!