VOL. XLI

No. 44

2-November-1998

QATAR

As Speculation Over NODCO Continues

Qatari project finance deals have been monitored closely over the pastfew months by cautious lenders waiting to evaluate the full impact of global financialwoes on the Middle East loan market. A pricing benchmark was expected to emerge from thestalled 13-year, $850mn hybrid project/corporate financing for National Oil DistributionCompany of Qatar (NODCO), which is being arranged and underwritten by Barclays. The NODCOdeal...