VOL. XLIV

No 49

3-December-2001

KUWAIT

EquateSecures $900Mn Refinance Package

KuwaitsEquate Petrochemical Company on 21 November signed a $900mn refinancingagreement with three lead arrangers, National Bank of Kuwait (NBK domesticbookrunner), Citibank (international bookrunner) and Kuwait Finance House(KFH), for three separate facilities totaling $900mn. The transaction, whichcomprises a $400mn term loan, a revolving facility of $300mn and a $200mn Islamictranche, represents the companys third...