Financial and Banking News
Investcorp Seeks $350mn Multi-Option Loan
Bahrain-based Investcorp Bank has approached banks for a $350mn multi-optionfacility which will replace a $250mn three-year facility expiring in April. MEESunderstands that Investcorp is trying to identify about 10 banks to act asunderwriters. The last time Investcorp raised medium-term funds was in thespring of 1991 when Bankers Trust and J. P. Morgan coordinated a $250mn...