Middle East Economic Survey

VOL. L

No 33

13-August-2007

EGYPT

EMethanex Oversubscribed At Syndication, EAgrium Deadline Extended

Egyptian Methanex Methanols (EMethanex) syndication for its methanol project financing has come in oversubscribed and banks are expected to sign up to the deal within the next week, MEES understands. Syndication post-dated financial close, which was reached with the pathfinder banks appointed last year (Bank of Tokyo Mitsubishi, Calyon, Standard Chartered, and Egypts...