Middle East Economic Survey
Arab Banking Corporation Deposit Facility Expanded To $500Mn
The Arab Banking Corporation (ABC) secured an oversubscribed $500mn deposit facility on 18 November. The facility was increased from its original launch amount of $400mn (MEES, 11 October) after raising excess funds in general syndication. The Mandated Lead Arrangers comprised 29 banks including: The Bank of Tokyo-Mitsubishi, BayernLB, BNP Paribas, Calyon,...