20 Jul 2006

Syndication of Alliance Housing Bank's $50m three year term loan will close shortly oversubscribed.

The bank is likely to increase the deal, which is being arranged by Arab Banking Corporation and BayernLB.

Lenders were offered tickets of $7.5m for a fee of 30bp, $5m for 25bp or $2.5m for 20bp.

The ...

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