High margins, flexible structures keep MidEast open

Middle Eastern borrowers are still launching chunky loans, although many facilities in the region have struggled to find demand and reach closure this year. But generous margins and flexible structures, which allow regional banks to commit in local currencies, are helping the syndications market pick up again. Dubai Financial Group, part of Dubai Holding, is seeking a $1.5bn loan. Read EuroWeek online at www.euroweek/loans for the latest about the Middle Eastern loan market.