Financial and Banking News
Kuwait Secures Fine Pricing And Strong Demand For Export CreditSyndication
Kuwait is paying 39 bp over equivalent US treasuries (equating to Libor-flat)for the $300mn tranche of US export credits signed in London during the lastweek of March. Banks are receiving flat fees of 40-50 bp. Bankers say thatappetite was strong despite the fine pricing. Allocations were based oninstitutions' performance in selling their...