VOL. XLI
No. 47
23-November-1998
QATAR
NODCO To Finalize $510Mn Syndicated Loan
After protracted negotiation, the Executive Committee of QatarsNational Oil Distribution Company (NODCO) announced on 16 November that it had secured a$510mn finance facility which will be signed with the 13 participating banks on 23-24November. The loan agreement was stalled for several months after the 13.5-year, $850mnhybrid project/corporate financing, priced at 55bps and 65bps over Libor and arranged byBarclays...
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