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Morocco Loan Announcement

29 Jun 2020 13:42

RNS Number : 4073R
Edita Food Industries S.A.E.
29 June 2020
 

 

 

 

Edita Food Industries S.A.E- Edita Food Industries Morocco- 80 million dirhams loan

Cairo, June 29, 2020

 

Edita Food Industries S.A.E ("Edita") announces that its subsidiary Edita Food Industries Morocco (the "Company") obtained a loan of a value of MAD 80,000,000 from Arab Bank- Morocco of a duration of 7 years. The loan shall be used to finance the construction of the factory and to purchase the machinery and equipment forming the production lines.

 

-Ends-

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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