VOL. XLVI
No 50
15-December-2003
REGIONAL BANKING
Commercial Bank of Kuwait Secures $250Mn Syndicated Loan
Arab Banking Corporation (ABC) and Sumitomo Mitsui Banking Corporation Europe announced on 9 December that they have been mandated to arrange and syndicate a three-year $250mn term loan facility for Commercial Bank of Kuwait (CBK). The loan, which is to be used for general funding purposes, will carry a margin of 40 bps per annum plus front-end fees. The senior stage of syndication was...
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