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Country-Plan Projects and Tenders |
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7337 Subject |
زيادة في رأس مال الشركة المصرية للاسمنت ECC - Egyptian Cement Co. SAE getting its shareholders approval to release 2 bonds issues worth L.E. 500 million & $ 80 million. |
| Date Published | Thursday, November 04, 2004 |
| Source Name | Al Alam Al Yom |
| Location Name | Cairo |
| Description | ECC - Egyptian Cement Co. SAE getting its shareholders approval to release 2 bonds issues worth L.E. 500 million & $ 80 million. They would bear an interest of 11.75 % for the first bond & 1.5 % above Libor for the second bond. Investors relations manager of the company said the measure was needed to refinance some debts & avail additional liquidity to benefit from improved industry economics and the existence of further growth chances therein. |
| Sectors Section |
Beneficiary Sectors - Industry Cement |
