5th Oct 2016 08:22
Edita Food Industries Secures New Financing
Cairo, October 5, 2016
Edita Food Industries has secured new bank financing from the Arab Bank in the form of a medium term loan with a value of up to EGP 170 Million and a tenor of seven years (including the grace period) to finance the construction and utilities of the new factory E08, and bank financing in the form a medium term loan of up to Euro 6 Million with a tenor of seven and half years to finance the new line expansion plan.
-Ends-
Contacts
Ms. Menna Shams El Din
Investor Relations and Business Development DirectorT: +202 3851 6464 | M: +20 100 1542428 | [email protected]
Ms. Yasmine Ghobrial
Senior Investor Relations SpecialistT: +202 3851 6464 | M: +20 1227563935 | [email protected]
Related Shares:
Edita Food Regs