VOL. XXXIX

No. 12

18-December-1995

TUNISIA

Refinancing Arranged For Trans-Tunisian Gas Pipeline

The Trans-Tunisian Pipeline Company has finalized a $200mn loan that will be used for refinancing the Tunisian section of the Trans-Mediterranean Pipeline System which carries Algerian natural gas to Italy. The arrangers are Banca Commerciale Italiana, Chemical Bank and Societe Generale. Co- arranger is The Industrial Bank of Japan. Fourteen other international banks are participating in the...