NO. 27


Financial and Banking News

Regional Financing

Coface Offers Cover for Tabriz Financing

Coface, the French export credit agency, is to provide cover for a loan toIran's National Petrochemical Company (NPC) which will finance the constructionof the Tabriz petrochemical plant. This is the first time that Coface has givencover for loans to Iran since Iran began seeking loans to finance its ambitiouspetrochemical expansion plans. The agency has been in dispute with the...