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Country-Plan Projects and Tenders |
| 7447 Subject |
500 مليون جنيه و 80 مليون دولار قيمة زيادة رأس مال الشركة المصرية للاسمنت ECC - Egyptian Cement Co. SAE affiliated to Orascom Group - releasing two bond issues worth L.E. 500 million and $ 80 million for public subscription. |
| Date Published | Sunday, November 28, 2004 |
| Source Name | Al Alam Al Yom |
| Location Name | Country Wide |
| Description | ECC - Egyptian Cement Co. SAE affiliated to Orascom Group - releasing two bond issues worth L.E. 500 million and $ 80 million for public subscription. Bonds are for duration of six and half years. The local currency issue bears 11.75% yearly interest, payable each 6 months while the US Dollars issue bears a yearly interest of 1.5% above libor rate, also payable each 6 months. The notification of the issues included the company financial statements for the past three and half years and yearly projections thereof till 2010. |
| Sectors Section |
Beneficiary Sectors - Industry Cement - Economy Economy |
