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Tenders Report of the Country Projects

 

Country-Plan Projects and Tenders

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.

Monday, June 21, 2004
Al Alam Al Yom
Cairo
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.

Beneficiary Sectors
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Information Technology & Telecom
      Telecommunication Equipment/ Works
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Economy
      Economy