Financial and Banking News

Regional Financing

Qatar Seeks $250Mn To Fund Equity Contributions To Major Projects

Sumitomo Bank is arranging a $250mn loan for the State of Qatar which will beused to fund Qatar's equity investments in major projects. Sumitomo sent outfaxes to potential underwriters at the beginning of October and says it hasalready received strong expressions of interest from three banks based in theUS, France and Germany. Sumitomo hopes to have two...