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Country-Plan Projects and Tenders |
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7529 Subject |
700 مليون جنيه + 150 مليون دولار أسهم مطروحة للاكتتاب لشركة اوراسكوم Orascom Telecom Holding Co. releasing formally its 7 years L.E. 700 million and $ 150 million bonds issue for public subscription. |
| Date Published | Thursday, December 09, 2004 |
| Source Name | Al-Ahram |
| Location Name | Cairo |
| Description | Orascom Telecom Holding Co. releasing formally its 7 years L.E. 700 million and $ 150 million bonds issue for public subscription. The first bares a yearly interest of 2.5 % above the borrowing rate announced by the Central Bank and the second bares a yearly interest 2.25 % above Libor rate announced by Reuters. Interest is payable each 6 months. Bonds will bare a nominal value of L.E. 100 and $ 100. The published invitation for subscription included details of the actual consolidated financial statements and balance sheets for the period 2001 till June 2004, also projections till 2010. Public auditor in charge is KPMG – Hazem Hassan. |
| Sectors Section |
Beneficiary Sectors - Information Technology & Telecom Telecommunication Equipment/ Works |