VOL. XXXV
NO. 2
14-OCTOBER-1991
Financial and Banking News
Regional Financing
Aggressive Pricing Will Make Kuwaiti Loan Hard to Swallow
The 1/2% spread over Libor being offered on Kuwait's five-year $5bn loan isbeing described by bankers as too fine and many are predicting that J.P. Morganwill have a hard job with the general syndication, even if it is able to rely onKuwait's traditional relationship banks to cover the underwriting. Fees on thedeal have not been disclosed but these may provide a...
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