VOL. XXXVI
NO. 24
15-MARCH-1993
Financial and Banking News
REGIONAL FINANCING
Syndication of Gulf Air Loan Begins
Gulf bankers say that Gulf International Bank (GIB) has started approachinginstitutions which might be interested in participating in a $130mn nine-yearloan to finance the purchase of two Boeing 767 300s. Gulf Air has not yet issueda formal mandate, but bankers understand that the airline has informally giventhe green light to Banque Indosuez, GIB and Arab Banking Corporation to arrange...
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