Middle East Economic Survey
VOL. LIII
No 26
28-Jun-2010
IRAN
NPC And Bank Melli Iran To Issue Bonds For Petrochemical Industry
The National Petrochemical Company (NPC) and its affiliate Petrochemical Commercial Company, together with Bank Melli Iran (BMI) have signed an agreement to issue 2bn Euro bonds and IR10,000bn ($970mn) to finance development of the petrochemical sector, the Iranian petroleum ministry website Shana said on 22 June. The issue of bonds was authorized in the budget for the...
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