VOL. XLV
No 16
22-April-2002
QATAR
Qatar Moves To Close $450Mn Syndicated Loan
The general syndication of a $450mn sovereign loan for Qatar is due to close within the comingweek with a consortium of both regional and international banks, MEES understands. The transaction, whichis being lead arranged by Gulf International Bank (GIB), Arab BankingCorporation (ABC) and Sumitomo Mitsui Banking Corporation, carries a tenor offive years, a grace period of two years and is priced at 52.5bps over Libor....
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