VOL. XXXVI

NO. 36

7-JUNE-1993

Financial and Banking News

REGIONAL FINANCING

Chemical Bank Arranges $100mn Term Loan For ABC International Bank

London-based ABC International Bank has raised a $100mn five-year loan, whichwill be used for general funding purposes. The facility was arranged byChemical Bank, and 16 other banks participated in the syndication. The margin is62.5 bp over Libor with participation fees ranging from 12.5 bp to 20 bp.Signing was on 28 May.

The facility is the first major...