Financial and Banking News
Investcorp's $250Mn Loan Draws Impressive Underwriting List
Thirteen banks have agreed to underwrite the $250mn fiveyear loan beingraised for Investcorp, the Bahrain-based investment bank. The deal is now ingeneral syndication and interested banks have been given until 12 April torespond. The facility is being arranged by Bankers Trust and Chemical Bank andis priced at 7/8% over libor, with reasonable fees. The loan is...