09/12/2004 Maghreb Confidential N°674

ALGERIA

AIR ALGERIA'S BOND FIASCO

Just days before it was closed on Dec. 9, the bond issue by Air Algerie destined to raise DR 25 billion (300 million euros) to help the carrier renew its fleet had drummed up only between DR5-6 billion. (...)   [71 words]   [€1,5]
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