VOL. XLIV

No. 22

28-May-2001

OMAN

West LB Set To Win $235Mn Salalah Power Finance Mandate

Germanys West LB is likely to be mandated as the lead-arranger of a $235mn loan facility for Omans Salalah power project, according to industry sources. At MEES press-time, the decision had yet to be ratified by the projects sponsor group, but this was believed to be largely a formality. MEES understands that the transaction will take the form of a syndicated loan with both domestic and international bank...