VOL. XXXVII

NO. 12

20-DECEMBER-1993

Financial and Banking News

Regional Financing

Gulf Banks Line Up $75mn Financing For Alba

Aluminium Bahrain (Alba) has secured $75mn in financing for the residualrequirements of its Potline 4 and Power Station 3 Expansion Project. Arrangersand lead managers Al Ahli Commercial Bank, Arab Banking Corporation, GulfInternational Bank, and National Bank of Bahrain were originally mandated byAlba to arrange a $50mn medium-term loan facility, but found the response...