VOL. XLIV

No 30

23-July-2001

BANKING

ABCInternational Secures $150Mn Dual-Tranche Term Loan Facility

The Arab Banking Corporation (ABC) announced on 18July that the UK-based ABC International Bank (ABCIB) had secured a $150mn dualtranche Term Loan Facility. The syndicated loan was joint-arranged byBayerische Landesbank Girozentrale, Commerzbank Aktiengesellschaft and MizuhoFinancial Group (Fuji) and was signed in London on 9 July. In a statement, thebank said that the facility was oversubscribed...