VOL. XLI

No. 44

2-November-1998

QATAR

QVCs $475Mn Loan Sets New Benchmark For Regional Pricing

Pricing for Qatar Vinyl Corporations (QVC) $475mn syndicated loanhas been finalized, the loan arrangers (Credit Suisse First Boston, Apicorp and Paribas)tell MEES. The facility represents a 70% debt component of a $678mn project financedeal to establish the new plant and is likely to set a benchmark for regional lending.While the maturity (12 years) and the total amount will remain the same, the debt...