Last checked at 6 Apr 2020 07:00
RNS Number : 8114I
Edita Food Industries S.A.E.
05 April 2020
Edita Food Industries signs two new loans
Cairo, April 1, 2020
Edita Food Industries S.A.E. signed a 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 EGP 96,000,000 to finance the capital expenditures of the Group in Egypt. Additionally, Digma S.A.E. (Subsidiary of Edita Food Industries) signed a medium term loan of 5 years with Credit Agricole Bank for a total amount of EGP 155,000,000 to finance Digma's distribution network expansion.
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Contacts
Ms. Menna Shams El Din
Investor Relations and Business Development Senior DirectorT: +202 3851 6464 | M: +20 100 1542428 | menna.shamseldin@edita.com.eg
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