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Country-Plan Projects and Tenders |
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6396 Subject |
132 مليون دولار + 590 مليون جنيه لتمويل مشروعات الشركة المصرية للاتصالات وتنافس شديد بين البنوك Tough competition witnessed between banks on a $ 132 million + L.E. 590 million syndicated loan in favor of Telecom Egypt. |
| Date Published | Monday, June 21, 2004 |
| Source Name | Al Alam Al Yom |
| Location Name | Cairo |
| Description | Tough competition was witnessed between banks on a $ 132 million + L.E. 590 million syndicated loan marketed by Banque Misr, NBE & CIB in favor of Telecom Egypt. Loan will be used by Telecom Egypt to buy shares in Vodafone Egypt (to reach 25,5% of its capital). While Citibank Egypt Branch offered to subscribe in $ 120 million share, other offers came from ABC& UBAF apart from those of the loan promoters / marketers. |
| Sectors Section |
Beneficiary Sectors - Information Technology & Telecom Telecommunication Equipment/ Works - Economy Economy |