VOL. XLIV

No. 16

16-April-2001

BAHRAIN

ABC Mandated To Arrange $90Mn For UAEs Oasis

Bahrain-based Arab Banking Corporation (ABC) announced on 9 April that it had been mandated in conjunction with Scotia Capital as lead-arrangers for a $90mn secured debt facility for Oasis International Leasing Company. The two institutions have fully underwritten the facility, which is to be syndicated shortly to a select group of banks. According to a statement from the bank, the finance will be used to...