Middle East Economic Survey

VOL. XLIX

No 49

4-Dec-2006

EGYPT

E-Agrium Issues RFP To Banks For $750Mn In Funding

Agrium Egypt for Nitrogenic Products (E-Agrium), a joint venture between Canadas Agrium fertilizer company and the Egyptian Petrochemicals Holding Company (ECHEM MEES, 27 March) has issued a request for proposals (RFP) to banks for $750mn worth of funding,MEES understands. The bank funding, which carries a tenor of just over 15 years, will be divided into two tranches, comprising...