NO. 21


Financial and Banking News

Regional Financing

Plain Sailing For Omani Loan

Twenty banks have taken co-underwriting positions in the $300mn generalpurpose loan being raised by the Sultanate of Oman. The arranging banks, GulfInternational, Chase, Commerzbank and Bank of Tokyo, hope to attract a further20-24 institutions during general syndication, which began on 17 February. Theease with which the loan is being placed contrasts sharply with the last timeOman tapped...