VOL. XXXVI

NO. 46

16-AUGUST-1993

Financial and Banking News

REGIONAL FINANCING

Chemical Bank Wins Gulf Air Mandate

Gulf Air has mandated Chemical Bank to arrange the financing for two767-300ER's due for delivery at the end of this year. The financing is believedto have backing from the US Eximbank and Chemical is expected to try tostructure a leasing deal with the US company Polaris.