VOL. XXXV
NO. 11
16-DECEMBER-1991
Financial and Banking News
Regional Financing
Iran Secures More Financing for Arak Phase 2: Finance for Tabriz in Sight
Iran's National Petrochemical Company (NPC) has secured an export credit-backed loan for about $150mn to cover work by Davy-Mckee and a Speichim subsidiary on the second phase of the Arak Petrochemical complex. The loan has been held up since the beginning of this year as a result of continuing difficulties...
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