NO. 43


Financial andBanking News

Capital Markets

Moroccan Investment Fund Looks For US Investors In Second Closing

The Moroccan investment fund being marketed by Salomon Brothers, BanqueParibas and Saudi American Bank is hoping to effect its second closing inSeptember. The first closing, of $50mn, consisted almost entirely of moneyraised by Samba. The fund is hoping that US investors will be prominent in thesecond tranche. The overall target remains $200mn. Salomon...