NO. 24


Financial and Banking News

Regional Financing

QAPCO Loan Oversubscribed

The $200mn loan for Qatar Petrochemicals Company (QAPCO) was oversubscribedby $31mn. Banque Paribas, Qatar National Bank, Apicorp and Gulf InternationalBank acted as arranging banks. Other participants were Abu Dhabi CommercialBank, Bank of Kuwait and the Middle East, British Bank of the Middle East, ArabBank, Al-Ahli Bank of Qatar, Doha Bank and Commercial Bank of Qatar. Signing isexpected in...