Deutsche Bank leads success story in Iran

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01 June 2001







Germany's Linde has contracts to build an olefin and gas separation plant in Iran

Deutsche Bank is the lead arranger of a a1 billion ($1.18 billion) financing for the National Petroleum Company (NPC) of Iran. The deal is backed by a consortium of twenty international banks and consists of two framework agreements. According to NPC, the capital will be used primarily to finance its major investment projects with engineering companies from European Union member states.
An important part of Deutsche Bank's success is the involvement of experienced international trading companies in the transaction.
Their decision to enter into offtake agreements, together with an offshore collateral element, underpins the deal's structure.

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