VOL. XLI

No. 13

30-March-1998

BAHRAIN

ABC To Tap Syndicated Loan Market For $200Mn

Arab Banking Corporation (ABC) has mandated five international banks to arrange a$200mn facility for working capital purposes. The international element of the transactionis being underwritten by Chase Manhattan, JP Morgan, Paribas, Greenwich Natwest and BankTokyo-Mitsubishi, while the regional co-arrangers are National Bank of Kuwait, GulfInternational Bank and National Bank of Bahrain. No details on the tenor...