Faragalla Group

Who’s in the market for debt: Faragalla Group, BPI

Faragalla Group is reportedly in the market for an EGP 2.05 bn syndicated facility being led by the National Bank of Egypt; the company will use the proceeds to finance working capital and restructure existing debts, Al Mal reports. CIB, Arab Bank, AAIB, Attijariwafa Bank subsidiary Wafa Assurance, the United Bank of Egypt, Emirates NBD…