NO. 2


Financial and Banking News

Regional Financing

Syndication of $300mn for Sultanate of Oman near to Closure

Arrangers Bankers Trust and J.P. Morgan hope to close syndication on the$300mn Oman loan around 15 October. At midday on Friday 11 October they hadreceived 13 acceptances and were waiting for replies from another seven banks.They reported a good response from Japanese and Gulf banks (for the underwritinggroup see MEES, 23 September).