VOL. XXX
NO. 18
9-FEBRUARY-1987
Financial and Banking News
LOANS AND ISSUES
Algeria Agrees to ever Stiffer Terms for New Money
Barely two months after its last major international borrowing, the AlgerianGovernment is back in the market for two eurocredits for which it is beingrequired to pay dearly. In what is seen as having major implications for otheroil-related borrowers, the Algerian state-owned oil company, Sonatrach hasmandated Lloyds Merchant Bank to raise a 75mn revolving bankers'...
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