VOL. XLIV

No. 15

9-APRIL-2001

EGYPT

Egypts OCI To Offer E200Mn In Corporate Bonds

Orascom Construction Industries (OCI) on 3 April appointed Commercial International Bank and Arab Banking Corporation as co-lead managers and senior underwriters for an E200mn ($51.5mn) corporate bond offering. According to an OCI press statement, the bond issue will be split between a four-year tranche maturing in 2005 and a five-year tranche maturing in 2006. The rate for the four-year tranche will be fixed for...