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ALTHOUGH IRAN IS under pressure from continued sanctions and scrutiny from the US, and an insurgency on its borders, its corporates are becoming more aggressive participants in the international financial markets. And although most of this fundraising is dominated by oil and gas concerns, other types of companies are beginning to enter the fray.
None has a more expansive strategy than the National Iranian Tanker Company (NITC). It has already ventured into the bank lending market and now, according to its finance director, N Pilhevarian, it is thinking of making its debut in the international bond markets.
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