VOL. XLIV
No. 08
19-February-2001
JORDAN
Jordan Kuwait Bank Arranges JD30Mn Loan For Mobile Phone Operator Fastlink
The Jordan Kuwait Bank (JKB) as lead arranger, along with seven other local and regional financial institutions, announced on 11 February the provision of a JD30mn ($42.3mn) loan to Fastlink, the countrys leading mobile phone service provider. The syndicated loan, which includes a two-year grace period, is to be paid back over a seven-year period. According to a JKB official...
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