VOL. XXXVII
NO. 9
29-NOVEMBER-1993
Financial and Banking News
Regional Financing
Banks Shortlisted For Kuwait's PIC Underwriting Role
About five banks have been shortlisted to take an arranging/underwriting rolein financing the new petrochemical complex to be built by Kuwait's PetrochemicalIndustries Company (PIC). The shortlist is believed to include ChaseManhattan, Barclays, J.P. Morgan, Chemical and a French bank. The total projectcost is now expected to be around $2bn rather than the $2.45bn...
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