VOL. XL
No. 37
15-September-1997
BAHRAIN
Alba And Group Of Banks Signs $85Mn Loan Facility
On 3 September Aluminium Bahrain BSC (Alba) and a group of banks signed an $85mn loanfacility. The 7-year credit will have a 36-month drawdown period and will be repayable ineight equal semi-annual installments commencing from the 42nd month fromsigning. The loan is priced at an interest rate of 42.5bps per annum over Libor. Thesyndication group of banks, together with their individual allocations, are as...
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