Financial and Banking News


Tunisia and Oman Borrow Again 

Tunisia and Oman - both oil producers suffering from the price decline - last week approached the euro credit market to raise a total of $675mn in medium-term funding. For Tunisia it is the first approach to the international capital market for 18 months, and the first deal which takes advantage of the terms of a 1985 double taxation treaty between the UK and Tunisia by including a tax-sparing tranche. The...