VOL. XLIV
No 50
10-December-2001
BAHRAIN
Alba Secures $107Mn Term LoanFacility
Bahrain-based Arab BankingCorporation (ABC) on 20 November signed a $107mn term loan facility with AluminumBahrain (Alba) to be used to repay a bond maturing on 26 November. Thefacility, which ABC arranged and equally underwrote with Sumitomo MitsuiBanking Corporation, carries a margin of 45bps over Libor, a tenor of fiveyears and is to be repaid in 10 equal semi-annual installments commencing sixmonths after the...
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