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Edita signs a new medium term loan

30th Mar 2021 07:00

RNS Number : 8783T
Edita Food Industries S.A.E.
29 March 2021
 

Edita signs a new loan to finance capital expenditures

Cairo, 29 March, 2021

Edita Food Industries S.A.E. has signed a new loan with The National Bank of Kuwait (NBK). The Loan Contract states that the bank will enable the Company to receive a medium term loan of 7 years and a total amount of EGP 90,000,000 to finance the capital expenditures of the company in Egypt. The loan is part of the CBE initiative program to support Egyptian Companies with low-interest loans.

 

-Ends

 

Contacts

Ms. Menna Shams El Din

Investor Relations and Business Development Senior Director

T: +202 3851 6464 | M: +20 100 1542428 |  [email protected]

 

 

 

 

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