Middle East Economic Survey

VOL. L

No 24

11-June-2007

EGYPT

EMethanex Achieves Financial Close, Readies For Syndication

Egyptian Methanex Methanol (EMethanex) has reached financial close for its methanol project with underwriting services provided by the pathfinder banks appointed last year (Bank of Tokyo Mitsubishi, Calyon, Standard Chartered, and Egypts Commercial International Bank, joined by National Bank of Egypt), in addition to financial advisor HSBC (MEES, 4 December 2006). The group plans...