VOL. XXXIX

No. 26

25-March-1996

BAHRAIN

GIB To Sign Further $250Mn Term Loan

Gulf International Bank (GIB), wholly owned by Gulf Investment Corporation, is looking to attract further term loan funding to the tune of $250mn, having increased the value of the loan from $200mn. The underwriting group consists of Bank of Tokyo, Chase Investment Bank, Commerzbank, JP Morgan, Natwest Markets and Riyad Bank. GIB's General Manager, Mr. Ghazi 'Abd al-Jawad, told MEES earlier this month that the...