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Etisalat Misr eyes $850m loan
- Egypt: Sunday, December 16 - 2007 at 15:44
Etisalat Misr is planning to arrange the initial segment of loans totalling around $1.8bn this year, reported our sister publication Meed. Calyon Credit Agricole is in discussions with six banks regarding a possible $850m facility and the arrangers should be mandated by the end of the year. The HSBC, Barclays Capital, Citigroup and Deutsche Bank are among the shortlisted banks; the loan would be paid in both Egyptian pounds and dollars.
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Jonathan Sheikh-Miller, Deputy EditorSunday, December 16 - 2007 at 15:44 UAE local time (GMT+4)
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