18.02.2010 - Qatar Aviation Leasing launches $650mln loan
From Tradearabia.com: Qatar Aviation Leasing, set up to purchase aircraft and lease them to Qatar Airways, has launched syndication of a $650 million loan via Deutsche Bank and Standard Chartered Bank. Bahrain's sovereign wealth fund Mumtalakat has also invited banks to bid to arrange a new money $500 million club loan, bankers told. The deal is the first Gulf loan to launch this year and the first since Dubai shocked world markets on November 25 when it requested a standstill on $26 billion worth of debt owed by state-owned conglomerate Dubai World.........................................Full Article: Source
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