Iranian debt: East-West Debt news update on the debt situation in IRAN

International events influence the solutions for solving overdue trade and bank debts. East-West Debt can offer attractive financial solutions for solving non-performing trade and bank debts in Iran

East West Debt, solving defaulted trade and bank debt

East-West Debt oct. 2002 news, update : IRAN

We are pleased to present another issue of East-West Debt news update on the debt situation in the world. International events influence the solutions for solving overdue trade and bank debts. East-West Debt can offer our readers attractive financial solutions for solving non-performing trade and bank debts ...

... thanks to the expertise of our international network of experts. East-West Debt is an international financial company specialised in the recovery of overdue debt. To be successful to our clients, we give the highest priority to attractive creativity, quality and integrity for solving overdue debts in high risk countries.

East-West Debt offers financial solutions to multi-nationals, banks, governments, and insurance companies in solving overdue debts in high-risk countries in:

Africa,

the Middle East,

Eastern Europe,

Latin America,

South-East Asia.

For solving overdue debts, East-West Debt is using the following solutions:

debt equity swaps

debt for counter-trade

debt for debt swaps

debt collection

international litigation

debt recovery

defaulted emerging market debt

Iran The International Monetary Fund reviewed its cooperation with Iran. The IMF praised Iran's development plan which includes revision in foreign investment and tax laws, implementation of the single exchange rate policy, downsizing of government, elimination of non-tariff barriers in imports, privatization, and liberalization of exports. The government is also determined to achieve a balanced budget through fiscal and monetary discipline.

According to the IMF, the international financial markets have welcomed Iran's recent bond offering. In fact Iran's first eurobond was successfully launched after being heavily oversubscribed.
The Euro 500 million bond was priced at 425 basis points over the equivalent rate of European swap transactions.

The first venture by Iran into the capital markets produced a substantial uptake by European investors. The subscription base was almost evenly split between regional and European investors. Some 53% were placed in the Middle East, 42% in Europe and 5% in Asia. In Europe, UK institutions took the largest share with 15%, followed by German investors at 11% and Swiss at 8%. Subscribers did not meet Iran's target of 50-66% of European investors.

ALGERIA ARGENTINA BRAZIL EGYPT
INDONESIA IRAN IRAQ JORDAN NIGERIA PAKISTAN TURKEY UKRAINE URUGUAY VIETNAM

East-West Debt has made every effort to ensure the accuracy of this publication. Neither the company nor any contributor can accept any responsibility for -including but not limited to- errors, omissions, opinions or advice given. This publication is not a substitute for professional advice and all information is for guidance only.