VOL. XLVI

No 29

21-July-2003

REGIONAL BANKING

BBK Signs $125Mn Syndicated Deposit Facility

The Bank of Bahrain & Kuwait (BBK) signed a three-year fully-subscribed $125mn syndicated deposit facility on 10 July, the bank announced. Mandated Lead Arranger Standard Chartered Bank teamed up with WestLB AG to jointly underwrite and arrange the facility, which received an enthusiastic response from the market, noted BBK. Standard Chartered and WestLB were joint book runners and Standard Chartered...