VOL. XXXIII

NO. 6

13-NOVEMBER-1989

Iran

Iran Secures $800mn Prefinancing for Marimpex Crude Supply Deal

The 300,000 b/d crude supply contract between Iran's NIOC and trader Marimpexhas now been officially finalized with the conclusion of an $800mn prefinancingcredit arranged for Iran by a banking consortium led by France's three largestcommercial banks - Credit Lyonnais, Banque Nationale de Paris and Societe Generale (MEES, 9 October). Hamburg-based Marimpex is two-thirds owned by SucdenKerry...