NO. 24


Financial and Banking News

Regional Financing

NBK And Banque Indosuez To Raise $440Mn For Kuwait Airways

National Bank of Kuwait (NBK) and Banque Indosuez announced on 10 March thatthey had been jointly mandated by Kuwait Airways Corporation to providefinancing for the purchase of four Airbus A-340-300 Aircraft to be deliveredbetween March and June 1995. The financing, which will total $440mnapproximately, will consist of an export credit tranche for 85% of the...