NO. 22


Financial and Banking News

Regional Financing

Algerian Debt Refinancing Agreed after Bankers Trust Come in

The $1.5bn loan to refinance Algeria's commercial debt is due to be signed on4 March. Bankers Trust finally agreed to participate in the loan after FrenchFinance Minister Pierre Beregovoy and Foreign Minister Roland Dumas asked theiropposite numbers in the US, Mr Nicholas Brady and Mr. James Baker, to assist inbringing Bankers Trust into the deal. Bankers Trust's...