VOL. XLI
No. 51
21-December-1998
EGYPT
Egyptian Fertilizers Company Signs $210Mn Syndicated Loan
Following a mandate signed on 20 June to arrange total finance of$210mn for the newly established Egyptian Fertilizers Company (EFC), OAPEC-sponsored ArabPetroleum Investments Corporation (Apicorp) finalized on 14 December a $210mn syndicatedfacility. Apicorp told MEES that the facility is structured in three tranches, asfollows: Tranche A ($77mn) carries a tenor of 7.5 years and is priced at 137bps...
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