VOL. XLII
No. 07
15-February-1999
UAE
Taweelah A-2 $578.5Mn Loan Near Completion
Financing for the UAEs $740mn independent power and waterproject, Taweelah A-2, is drawing nearer to completion as Barclays Capital, thelead arranger, enters the co-underwriting phase. MEES understands thatfollowing what was described as a "tremendous response," Barclays hasreceived firm commitments from seven banks to co-underwrite the $578.5mn loanand is expecting a final response from the potential eighth...
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