VOL. XLIV

No 50

10-December-2001

EGYPT

Egypts GASCO Secures $104Mn LoanFrom APICORP-Led Consortium For NGL Project

Egypts Natural Gas Company (GASCO)signed a deal on 28 November with a consortium of 10 regional and internationalbanks led by Arab Petroleum Investments Corporation (APICORP) for a $104mnsenior term loan facility to fund its share of the investment cost of a naturalgas liquids (NGL) project to be located near Port Said. APICORP acted as thecoordinating arranger, Arab Bank, Arab...