VOL. XXXVI

NO. 21

22-FEBRUARY-1993

Financial and Banking News

REGIONAL FINANCING

Busy Summer ahead for Gulf Syndications Market

Several major new financing deals will be awarded in the Gulf during the nextfew months. The most significant are:

- An Oman Balance of Payments Loan. The Omani authorities are talking tobanks about a $500mn balance of payments loan, but observers say the Sultanate'sexpectations are too high. Not only will $500mn be difficult to digest, but theOmanis are also taking an...