VOL. XLV

No 34

26-August-2002

QATAR

Commercial Bank Of Qatar Secures $120Mn Loan Facility

The Commercial Bankof Qatar (CBQ) has secured a three-year $120mn syndicated loan facility frommandated lead arrangers Arab Banking Corporation (ABC), the Bank ofTokyo-Mitsubishi and National Bank of Abu Dhabi, the three providers announcedon 22 August. The proceeds of the facility will be used to refinance and prepaythe $120mn three year facility signed by CBQ on 23 May, 2000. The loan has amargin of 0.475%...