Middle East Economic Survey
VOL. XLVII
No 41
11-October-2004
EGPC Seeks To Tap International Capital Markets
The recent announcement by Egyptian General Petroleum Corporation (EGPC) that it is seeking proposals from investment banks to manage and underwrite a placement of debt securities in the international capital markets will break new ground. It will be the first time that the state-owned Egyptian oil company has attempted such a borrowing, although Egypt has two existing sovereign Eurobonds...
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