VOL. XLV

No 30

29-July-2002

CAPITAL MARKETS

GIC Issues $300Mn In Floating Rate Notes

The Gulf Investment Corporation(GIC) announced that it has issued $300mn in floating rate notes, to belead-managed by Deutsche Bank and Morgan Stanley Dean Witter. Senior co-leadsfor the issue, which is priced at 40bps above three-month Libor, include QatarNational Bank and Riyad Bank. Co-leads include AbuDhabi Commercial Bank, Burgan Bank, Emirates Financial Services, GulfInternational Bank and HSBC. Hisham...