VOL. XLVI

No 41

13-October-2003

QATAR

ENERGY FINANCE

QVC Refinancing Syndication Planned For End-October

The syndication for the $460mn refinancing of Qatar Vinyl Companys (QVC) loan for its petrochemical plant is scheduled to take place at the end of October, with completion expected by the end of November or early December, MEES understands. The group of 11 lead arrangers, who were appointed in late September, will be expecting a final hold of around $30-35mn each, rather than the $41.8mn taken...