VOL. XXXVII
NO. 8
22-NOVEMBER-1993
Financial and Banking News
Regional Financing
Three Banks Discuss Terms For SAMAD Loan
Three banks are negotiating the terms under which they will lead a $225mn 81/2 year loan for the al-Jubail Fertilizer Company (SAMAD). The three areNational Commercial Bank, Riyad Bank and Gulf International Bank. SAMAD'sfinancial advisor, Saudi International Bank (SIB), asked banks to submitexpressions of interest in the deal by 20 October. It is understood that SAMADand SIB...
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