VOL. XLV

No 43

28-October-2002

QATAR

CBQ Signs $120Mn Syndicated Loan Facility For Refinancing

The Commercial Bank of Qatar (CBQ) has signed a three-year term $120mn loan agreement with a group of international banks. The loan, which was oversubscribed according to CBQ, refinances an existing three-year loan for the same figure signed in May 2000. The loan, which is priced at 47.5bps over Libor, was lead arranged by Arab Banking Corporation (ABC), The Bank of Tokyo Mitsubishi and the National...