VOL. XLIV
No 42
15-October-2001
BAHRAIN
BahrainCloses $100Mn Bridging Loan For Power Plant
Bahrainhas secured a $100mn bridging facility from Gulf International Bank (GIB) topart finance Phase II of the al-Hidd power/desalination project. According to apress statement from GIB on 4 October, the proceeds from the facility will becovered from the medium-term financing which the Finance and National EconomyMinistry is arranging with a group of domestic and international banks. TheBahrain Ministry of...
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