5 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.
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Contacts
Ms. Menna Shams El Din
Investor Relations and Business Development DirectorT: +202 3851 6464 | M: +20 100 1542428 | menna.shamseldin@edita.com.eg
Ms. Yasmine Ghobrial
Senior Investor Relations SpecialistT: +202 3851 6464 | M: +20 1227563935 | Yasmine.ghobrial@edita.com.eg
Edita Food Regs (EFID)