VOL. XXXIV

NO. 12/13

24/31-DECEMBER-1990

Iran

Societe Generale to Provide $2.2Bn for Petrochemical Plants

France's Societe Generale has raised to $2.2bn the value of a syndicated loanit is arranging for Iran's National Petrochemical Company (NPC). Originally theloan was for $1.8bn, but an additional $400mn will be raised and allocated tothe petrochemical complex under construction at Tabriz. Last August the IranianGovernment authorized NPC to borrow $2.2bn against its forward sales abroad inorder...