VOL. XLV

No 10

11-March-2002

CAPITAL MARKETS

OrascomTelecom Seeks Debt Restructuring, Investor Funds ToAid Expansion Plans

EgyptsOrascom Telecom (OT) is seeking to restructure itsdebt and attract interest from regional investors in order to fund itsambitious expansion plans. The GSM telecommunications and internet servicescompany said on 6 February that it had been contacted by potential investorsand was in negotiations regarding a possible capital increase and the acquisitionof existing shares....