Article: BRIEFING - ASIA TELECOMMUNICATIONS - MARCH 12, 2007.

March 12, 2007, prepared by Asia Pulse (http:/ www.asiapulse.com), the real-time, asia-based wire with exclusive news, commercial intelligence and business opportunities.

ARAB BANKING CORP, STANCHART ARRANGE SYNDICATED LOAN FOR BATELCO

MANAMA - Arab Banking Corporation (Initial Mandated Lead Arrangers) and Standard Chartered (Bookrunners) have launched a general syndication for the debut $300 million three-year Term Loan Facility for Batelco.

The loan will be used for general corporate purposes and to support Batelco's growing business in the Middle East and North Africa (MENA) region. The senior phase of syndication has closed successfully with ...

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