{"id":596601,"date":"2019-07-02T12:57:42","date_gmt":"2019-07-02T12:57:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric\/"},"modified":"2019-07-02T12:57:42","modified_gmt":"2019-07-02T12:57:42","slug":"nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric\/","title":{"rendered":"NBG agrees to issue EUR 41.7 mn loan for Elsewedy Electric"},"content":{"rendered":"<p>The National Bank of Greece has agreed to issue a EUR 41.7 mn loan for Elsewedy Electric, it <a href=\"https:\/\/www.marketscreener.com\/NATIONAL-BANK-OF-GREECE-S-45521319\/news\/NATIONAL-BANK-OF-GREECE-S-A-ACTS-AS-EXCLUSIVE-UNDERWRITER-OF-AN-UP-TO-EUR-41-745M-FINANCING-TO-EG-28836076\/\">said in a press release<\/a>. The long-term facility will be used to partially finance Elsewedy\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/17\/elsewedy-electric-acquires-share-capital-of-four-greek-renewable-energy-companies-for-eur-55-mn\/\">acquisition of<\/a> four Greek renewable energy companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Bank of Greece has agreed to issue a EUR 41.7 mn loan for Elsewedy Electric, it said in a press release. The long-term facility will be used to partially finance Elsewedy\u2019s acquisition of four Greek renewable energy companies.<\/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":[9298],"tags":[2372,152,72,7087],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596601","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-elsewedy-electric","tag-enterpriseam","tag-finance","wpautop","entry"],"acf":{"mongo_id":"a0e71741-fc58-4f91-8d91-9538f7699118","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[596570],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NBG agrees to issue EUR 41.7 mn loan for Elsewedy Electric - 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\/2019\/07\/02\/nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBG agrees to issue EUR 41.7 mn loan for Elsewedy Electric\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Greece has agreed to issue a EUR 41.7 mn loan for Elsewedy Electric, it said in a press release. The long-term facility will be used to partially finance Elsewedy\u2019s acquisition of four Greek renewable energy companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-02T12:57:42+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NBG agrees to issue EUR 41.7 mn loan for Elsewedy Electric\",\"datePublished\":\"2019-07-02T12:57:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric\/\"},\"wordCount\":50,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"Elsewedy Electric\",\"EnterpriseAM\",\"Finance\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/nbg-agrees-to-issue-eur-41-7-mn-loan-for-elsewedy-electric\/\",\"name\":\"NBG agrees to issue EUR 41.7 mn loan for Elsewedy Electric - 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No details were provided on what the loan will be used for.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621766,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/afreximbank-in-talks-over-usd-800-mn-loan-for-arab-contractors-elsewedy-electric\/","url_meta":{"origin":596601,"position":1},"title":"AfreximBank in talks over USD 800 mn loan for Arab Contractors, Elsewedy Electric","author":"enterpriseam admin","date":"18 November 2018","format":false,"excerpt":"The African Bank for Import and Export (AfreximBank) is considering arranging and managing an USD 800 mn loan for Arab Contractors and Elsewedy Electric to build a USD 2 bn, 2.1 GW hydroelectric dam over Tanzania\u2019s Rufiji River, according to Al Shorouk. Arab Contractors was awarded the tender for the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601830,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/11\/elsewedy-electric-bod-signs-off-on-usd-150-mn-afreximbank-credit-facility\/","url_meta":{"origin":596601,"position":2},"title":"Elsewedy Electric BoD signs off on USD 150 mn Afreximbank credit facility","author":"enterpriseam admin","date":"11 March 2019","format":false,"excerpt":"The board of directors of Elsewedy Electric has approved signing a USD 150 mn loan agreement with the African Export\u2013Import Bank, according to an EGX disclosure (pdf).","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571971,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/elsewedy-electric-eyes-egp-800-mn-1-bn-loan-for-6-october-dry-port\/","url_meta":{"origin":596601,"position":3},"title":"Elsewedy Electric eyes EGP 800 mn-1 bn loan for 6 October Dry port","author":"enterpriseam admin","date":"7 June 2020","format":false,"excerpt":"Elsewedy Electric is in talks with local banks to arrange a loan between EGP 800 mn and EGP 1 bn to finance the first phase of the 6 October Dry port project, which it is constructing alongside 3A International and Schenker Egypt, according to Al Shorouk. The phase is expected\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599341,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/egypts-elsewedy-secures-usd-100-mn-loan-from-bm-for-africa-expansion-plan\/","url_meta":{"origin":596601,"position":4},"title":"Egypt\u2019s Elsewedy secures USD 100 mn loan from BM for Africa expansion plan","author":"enterpriseam admin","date":"25 June 2019","format":false,"excerpt":"Elsewedy Electric has signed a USD 100 mn loan agreement with Banque Misr to finance expansion plans in Africa, sources told the press. 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