&lt;MAI Plc>, the financial services andadvertising group, has asked S.G. Warburg and Co Ltd to arrange
a 100 mln dlr multiple option facility which will restructure a
part of the company's exisiting banking arrangements, banking
sources said.
    The financing will be for five years and involves a
committed backstop facility and an uncommitted tender panel for
cash advances in dollars or other available currencies.
    The committed part of the transaction will carry a facility
fee of 7.5 basis points and drawings will be at a margin of 15
basis points.
    There also will be a utilization fee of five basis points
if the underwriting banks are called upon to provide more than
30 pct of the facility.
 Reuter
