VOL. XXXVI

NO. 5

2-NOVEMBER-1992

Financial and Banking News

REGIONAL FINANCING

Financing for Tabriz Plant Proceeds with Cover from Coface and SACE

Coface, the French export credit agency, will cover a loan by French banks tofinance work on Iran's Tabriz petrochemical plant, even though the facility willbe backed only by a repayment guarantee from a commercial bank and a CentralBank of Iran certificate of availability of foreign exchange. Export creditagencies are currently trying to present a...