VOL. XLVI

No 38

22-September-2003

REGIONAL BANKING

Société Tunisienne de Banque Secures $75Mn Term Loan

Arab Banking Corporation (ABC), Crédit Lyonnais and Natexis Banques Populaires announced on 10 September that they have been mandated to arrange and syndicate a debut five-year $75mn term loan facility for Société Tunisienne de Banque. Proceeds will be used for general funding purposes and the transaction will carry a margin of 80bps per annum plus front-end fees. ABC, Crédit Lyonnais and...