VOL. XLI

No. 26

29-June-1998

QATAR

Qatar National Hotels Loan Syndication Completed

Following reports that the $100mn 10-year loan facility for Qatar National Hotels hadreceived a "very positive initial response" (MEES, 22 June), thecompleted transaction was announced by the lead arranger Qatar National Bank on 25 June.Carrying arrangers fees of 100bp and a spread of 150bp over LIBOR, the loan will besyndicated by 11 banks, as follows: Qatar National Bank, Arab Bank Plc., The British Bankof the...