VOL. XLIV

No 44

29-October-2001

KUWAIT

Kuwaits Equate PetrochemicalCompany Seeks $900Mn Refinancing Loan

TheKuwaiti-US joint-venture Equate Petrochemical Company is seeking to refinance$900mn of existing debt in the form of three separate facilities, with themandated lead-arrangers, National Bank of Kuwait (NBK), Citibank and KuwaitFinance House (KFH for the Islamic tranche) expecting to secure commitmentsby early next month. Three presentations were held last week in London, Kuwaitand Bahrain...