NO. 18


Financial and Banking News

Regional Financing

Merrill Lynch To Lead $250Mn Syndication For Dubal

Merrill Lynch is arranging a $250mn five-year loan for Dubai AluminiumCompany (Dubal), Dubai's state-owned aluminium producer. Emirates BankInternational and National Bank of Dubai are expected to act as co-managers onthe local syndication, while Merrill will handle the international syndication.Pricing on the loan is expected to be around 50bp over Libor. A marketing...