VOL. XXXVII
NO. 25
21-MARCH-1994
Financial and Banking News
Regional Financing
Saudi Arabia Seeks $1.85Bn To Cover Deferred Payments To US Arms Suppliers
Chase Manhattan, Citibank and J.P. Morgan are arranging the first loan to beraised by the Saudi Government to cover its deferred payments to US armssuppliers. Many of the details still have to be worked out, but the three banksare proposing to arrange a $1.85bn facility which would be repayable over aboutfive years. A loan of this amount would be...
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