VOL. XLIII

No. 51

18-December-2000

BAHRAIN

BIB Secures $92.5Mn Term Loan Facility

Bahrain International Bank (BIB) announced on 20 November that its $92.5mn term loan facility from a consortium of regional and international banks had been oversubscribed. Originally $80mn, the transaction was fully underwritten by the four mandated arranger banks Arab Banking Corporation, DG Bank Deutsche Genossenschaftsbank, Gulf International Bank and National Bank of Abu Dhabi (MEES, 16 October). They were...