VOL. XLVI

No 39

29-September-2003

REGIONAL BANKING

Banks Mandated As Lead Arrangers For UNB $150Mn Loan

Arab Banking Corporation (ABC), Citigroup, Commerzbank Aktiengesellschaft and Standard Chartered Bank have been mandated on a fully underwritten basis to arrange and syndicate a debut three-year $150mn term loan facility on behalf of Union National Bank (UNB). Proceeds will be used for general funding purposes and will carry a margin of 42.5bps per year. ABC, Citigroup, and Standard Chartered...