VOL. XLIII

No. 26

26-June-2000

IRAN

Irans NPC Signs Euro-550Mn Structured Financing Deal With Consortium Led by Deutsche Bank

Irans National Petrochemical Company (NPC) and a consortium of banks led by Deutsche Bank have signed a structured financing package for Euro-550mn ($520mn), NPC announced on 19 June. The loan, which will be mainly used to finance contracts with engineering companies from member countries of the European Union (EU), is tailored to NPCs needs and relies on an offshore...