VOL. XLI

No. 19

11-May-1998

BAHRAIN

Alba Appoints Six Banks To Raise $400Mn

Aluminum Bahrain (Alba) has nominated a mixed team of Bahraini and internationalinstitutions to arrange an 8-year $400mn facility to fund three expansion schemesincluding a coke fuel plant, a desalination plant and a marine terminal. The six banksare: al-Ahli Commercial Bank, Arab Banking Corporation (both of Bahrain), France's SocieteGenerale, Chase Manhattan of the US, Sumitomo of Japan, and the Saudi Arabian Arab...