Middle East Economic Survey

VOL. XLVII

No 28

12-July-2004

ENERGY FINANCE

Jordanian And Egyptian Banks Close $160Mn Arab Gas Pipeline Financing Deal

A group of Jordanian and Egyptian banks and institutions led by Jordans Housing Bank for Trade and Finance (HBTF) on 7 July signed a $160mn syndicated loan deal with the Jordanian Egyptian Fajr company to finance the Jordanian section of the Arab Gas Pipeline. HBTF was the lead arranger and financial advisor for the deal with state-owned firm Egyptian...