VOL. XLIV

No. 25

18-June-2001

REGIONAL BANKING

QAFCO To Raise $400Mn Through Six-Bank Consortium

A consortium of lead-arranger banks comprising Arab Banking Corporation (ABC), Arab Petroleum Investments Corporation (Apicorp), Barclays Capital, Gulf International Bank (GIB), HSBC Investment Bank and Qatar National Bank (QNB) announced on 12 June that it had been mandated by the Qatar Fertilizer Company (QAFCO) to arrange a $400mn syndicated facility to part finance the companys QAFCO-4 Expansion...