April 5, 2018 / 11:08 AM / 6 months ago

BRIEF-Orange Egypt Signs EGP 7 Bln Syndicated Loan

April 5 (Reuters) - ORANGE EGYPT FOR TELECOMMUNICATIONS :

* SIGNS EGP 7 BILLION SYNDICATED LOAN WITH GROUP OF BANKS

* EGP 7 BILLION LOAN IS FOR SEVEN YEARS PAYABLE IN FIVE YEARS

* LOAN TO BE USED TO CONTINUE FUNDING OF REQUIRED CAPITAL EXPANSIONS

* LOAN WILL ALSO BE USED IN REFINANCING OF EXISTING SYNDICATED LOAN OF EGP 4.3 BILLION Source:(bit.ly/2uNZ22D) Further company coverage:

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