{"id":566059,"date":"2021-05-25T14:02:01","date_gmt":"2021-05-25T14:02:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/idh-obtains-usd-45-mn-in-financing-from-ifc\/"},"modified":"2021-05-25T14:02:01","modified_gmt":"2021-05-25T14:02:01","slug":"idh-obtains-usd-45-mn-in-financing-from-ifc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/idh-obtains-usd-45-mn-in-financing-from-ifc\/","title":{"rendered":"IDH obtains USD 45 mn in financing from IFC"},"content":{"rendered":"

<\/a> Consumer healthcare<\/strong> giant Integrated Diagnostics Holdings (IDH) has secured a USD 45 <\/strong>mn debt financing package from the International Finance Corporation (IFC)<\/strong>, according to a press release (pdf)<\/a>. The eight-year loan will be used to finance the recently EGX-listed<\/a> company\u2019s growth plans in high growth emerging markets, in addition to its current presence in Egypt, Jordan, Nigeria and Sudan. Additionally, the financing will also be used in expanding IDH\u2019s medical services and testing, with a particular focus on covid-19 testing in Egypt and Jordan, the statement reads.<\/p>\n

Advisers<\/strong>: <\/strong>Renaissance Capital advised IDH on the transactions. Clifford Chance was appointed legal counsel to IDH in England and the US, while Nour & Partners in Association with Al Tamimi & Company are acting as the local legal counsel to IDH.<\/p>\n","protected":false},"excerpt":{"rendered":"

Consumer healthcare giant Integrated Diagnostics Holdings (IDH) has secured a USD 45 mn debt financing package from the International Finance Corporation (IFC), according to a press release (pdf). The eight-year loan will be used to finance the recently EGX-listed company\u2019s growth plans in high growth emerging markets, in addition to its current presence in Egypt, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10044],"tags":[88,633,2270,1406,759],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-566059","post","type-post","status-publish","format-standard","hentry","category-speed-round-debt-watch","tag-debt-watch","tag-enterprisepm","tag-hend-el-sherbini","tag-integrated-diagnostics-holding","tag-international-finance-corporation","wpautop","entry"],"acf":{"mongo_id":"003e6c20-e4cf-409e-87d1-ece077700544","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[566052],"teaser":"","voice_url":""},"yoast_head":"\nIDH obtains USD 45 mn in financing from IFC - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/idh-obtains-usd-45-mn-in-financing-from-ifc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDH obtains USD 45 mn in financing from IFC\" \/>\n<meta property=\"og:description\" content=\"Consumer healthcare giant Integrated Diagnostics Holdings (IDH) has secured a USD 45 mn debt financing package from the International Finance Corporation (IFC), according to a press release (pdf). The eight-year loan will be used to finance the recently EGX-listed company\u2019s growth plans in high growth emerging markets, in addition to its current presence in Egypt, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/idh-obtains-usd-45-mn-in-financing-from-ifc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-25T14:02:01+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/idh-obtains-usd-45-mn-in-financing-from-ifc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/idh-obtains-usd-45-mn-in-financing-from-ifc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IDH obtains USD 45 mn in financing from IFC\",\"datePublished\":\"2021-05-25T14:02:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/idh-obtains-usd-45-mn-in-financing-from-ifc\/\"},\"wordCount\":135,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"debt watch\",\"EnterprisePM\",\"Hend El Sherbini\",\"Integrated Diagnostics Holding\",\"International Finance Corporation\"],\"articleSection\":[\"SPEED ROUND: DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/idh-obtains-usd-45-mn-in-financing-from-ifc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/idh-obtains-usd-45-mn-in-financing-from-ifc\/\",\"name\":\"IDH obtains USD 45 mn in financing from IFC - 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