VOL. XL No. 185-May-1997


Underwriters Of $350Mn Qafac FacilityAnnounced

Bankers Trust, Banque Paribas and Canada's Export Development Corporation areunderwriting a $350mn 10-year syndicated loan for the Qatar Fuel AdditivesCompany (Qafac). Bankers Trust would not speculate on the possible structure orpricing of the deal but it seems likely that the cost will be higher than the135bps on the 10-year bonds for the Ras Laffan LNG Company (MEES, 20 January).It had previously been thought that...