'Amiriya Cement GDR Issue Imminent
The Arab world's biggest GDR issue to date - a $150mn offering by Egypt's'Amiriya Cement - is also expected this summer. The long-awaitedGDR issue, also lead-managed by Merrill Lynch, is expected to come to market in June, MEESunderstands. The issue has been expected on the market for some time now but has been heldup because of bureaucratic procedures. A rather contorted route has had to be taken due,in part, to the complex...