VOL. XXXVI

NO. 6

9 NOVEMBER1992

Financial and Banking News

REGIONAL FINANCING

QGPC Abandons Request to Roll over $400mn Loan; Repayment Due December

State-owned Qatar General Petroleum Corporation (QGPC) has abandoned itsattempt to roll over the drawn-down portion of a $400mn loan which is due forrepayment on 15 December. Repayment of $248mn will now be made as stipulatedunder the three-year loan agreement signed in December 1989.

Telexes requesting a rollover were sent to the underwriting banks...