Two Financial Institutions currently invest or make available an estimated USD$ 75.00 million in nuclear weapons companies.
All Arab Banking loans have expired at the time of publication of this report. They are listed here for informational purposes only.
In March 2010, Boeing secured a credit facility with a value of US$ 865 million, due October 2011. The proceeds were used for general corporate purposes. Arab Banking participated in the 12 bank syndicate, committing anamount of US$ 50 million.[i]
Gulf International Bank
Gulf International Bank currently has an estimated USD$ 75.00 million invested or available for the nuclear weapons producers identified in this report.
In June 2011, Bechtel signed a five-year revolving credit facility with a value of US$ 2,500 million. The facility is split in two tranches: a US$ 1,550 million letter of credit and a US$ 950 million revolver. The proceeds would be used to refinance debt and for working capital purposes. Gulf International Bank was part of the syndicate of 24 banks, and committed an estimated amount of US$ 75 million.[ii]
[i] Thomson ONE Banker, “Tearsheet 2566490115”, Thomson ONE Banker (www.thomsonone.com), 17 March 2010; Bloomberg Database, “Loan finder”, Bloomberg Database, viewed November 2011. [ii] Bloomberg Database, “Loan finder”, Bloomberg Database, viewed July 2013; Thomson ONE Banker, “Tearsheet 2758129115”, Thomson ONE Banker (www.thomsonone.com), 2 June 2011..