{"id":596893,"date":"2019-07-10T04:18:29","date_gmt":"2019-07-10T04:18:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/"},"modified":"2019-07-10T04:18:29","modified_gmt":"2019-07-10T04:18:29","slug":"edita-finalizes-usd-20-mn-loan-agreement-from-ifc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/","title":{"rendered":"Edita finalizes USD 20 mn loan agreement from IFC"},"content":{"rendered":"<p>Edita finalized yesterday a USD 20 mn loan agreement from the International Finance Corporation (IFC), according to <a href=\"https:\/\/ent.news\/2019\/7\/2089.pdf\">an emailed statement (pdf)<\/a>. Under the agreement, the snackmaker will receive a seven-year, medium-term facility, \u201cwith the contract including an option for a second tranche of an additional USD 10 mn.\u201d Edita and the IFC had reached an agreement for the loan, which will be used to support expansion and growth in Egypt and the wider region, <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/03\/edita-signs-usd-30-mn-loan-facility-agreement-with-the-ifc\/\">last month<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edita finalized yesterday a USD 20 mn loan agreement from the International Finance Corporation (IFC), according to an emailed statement (pdf). Under the agreement, the snackmaker will receive a seven-year, medium-term facility, \u201cwith the contract including an option for a second tranche of an additional USD 10 mn.\u201d Edita and the IFC had reached an [&hellip;]<\/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":[2372,7106,191,72,759],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596893","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-debt","tag-edita","tag-enterpriseam","tag-international-finance-corporation","wpautop","entry"],"acf":{"mongo_id":"74aff7c5-5dad-4230-b916-9c3e8d36e5e0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[596859],"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>Edita finalizes USD 20 mn loan agreement 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\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edita finalizes USD 20 mn loan agreement from IFC\" \/>\n<meta property=\"og:description\" content=\"Edita finalized yesterday a USD 20 mn loan agreement from the International Finance Corporation (IFC), according to an emailed statement (pdf). Under the agreement, the snackmaker will receive a seven-year, medium-term facility, \u201cwith the contract including an option for a second tranche of an additional USD 10 mn.\u201d Edita and the IFC had reached an [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-10T04:18:29+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\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Edita finalizes USD 20 mn loan agreement from IFC\",\"datePublished\":\"2019-07-10T04:18:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/\"},\"wordCount\":82,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"debt\",\"Edita\",\"EnterpriseAM\",\"International Finance Corporation\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/\",\"name\":\"Edita finalizes USD 20 mn loan agreement from IFC - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-07-10T04:18:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Edita finalizes USD 20 mn loan agreement from IFC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Edita finalizes USD 20 mn loan agreement from IFC - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/","og_locale":"en_US","og_type":"article","og_title":"Edita finalizes USD 20 mn loan agreement from IFC","og_description":"Edita finalized yesterday a USD 20 mn loan agreement from the International Finance Corporation (IFC), according to an emailed statement (pdf). Under the agreement, the snackmaker will receive a seven-year, medium-term facility, \u201cwith the contract including an option for a second tranche of an additional USD 10 mn.\u201d Edita and the IFC had reached an [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-07-10T04:18:29+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Edita finalizes USD 20 mn loan agreement from IFC","datePublished":"2019-07-10T04:18:29+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/"},"wordCount":82,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["BANKING + FINANCE","debt","Edita","EnterpriseAM","International Finance Corporation"],"articleSection":["Banking + Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/","name":"Edita finalizes USD 20 mn loan agreement from IFC - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-07-10T04:18:29+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/edita-finalizes-usd-20-mn-loan-agreement-from-ifc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Edita finalizes USD 20 mn loan agreement from IFC"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":598746,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/03\/edita-signs-usd-30-mn-loan-facility-agreement-with-the-ifc\/","url_meta":{"origin":596893,"position":0},"title":"Edita signs USD 30 mn loan facility agreement with the IFC","author":"enterpriseam admin","date":"3 June 2019","format":false,"excerpt":"INVESTMENT WATCH- Edita lands loan worth up to USD 30 mn from IFC: Edita has signed an agreement with the International Finance Corporation (IFC) for a seven-year facility that could be worth up to USD 30 mn, according to a statement (pdf). The company will initially receive USD 20 mn\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592223,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/02\/edita-al-baraka-bank-in-line-for-loans-from-ifc\/","url_meta":{"origin":596893,"position":1},"title":"Edita + Al Baraka Bank in line for loans from IFC","author":"enterpriseam admin","date":"2 August 2023","format":false,"excerpt":"The international lender could lend USD 85 mn to the two companies, and mobilize an additional USD 15 mn for Edita","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/34.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597057,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/edita-to-launch-new-products-construction-on-morocco-facility-to-begin-next-month\/","url_meta":{"origin":596893,"position":2},"title":"Edita to launch new products, construction on Morocco facility to begin next month","author":"enterpriseam admin","date":"15 July 2019","format":false,"excerpt":"Edita Food Industries aims to launch a number of new products as part of expansion plans, Chairman Hani Berzi said, without providing further details or specifying a timeframe. The company also plans to begin the construction of its snack food production facility in Morocco in August, rather than in July\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596462,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/28\/middle-east-glass-company-may-receive-loan-of-usd-100-mn-from-ifc\/","url_meta":{"origin":596893,"position":3},"title":"Middle East Glass Company may receive loan of USD 100 mn from IFC","author":"enterpriseam admin","date":"28 August 2019","format":false,"excerpt":"The Middle East Glass Manufacturing Company (MEG) is in talks with the International Finance Corporation (IFC) over a USD 100 mn loan to refinance some of its debts and finance its capex plans, the IFC said in a disclosure. MEG is also expected to contribute USD 26 mn from internal\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":587527,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/29\/banque-misr-could-soon-get-a-usd-260-mn-loan-from-ifc\/","url_meta":{"origin":596893,"position":4},"title":"Banque Misr could soon get a USD 260 mn loan from IFC","author":"enterpriseam admin","date":"29 May 2023","format":false,"excerpt":"The bank will use the loan for on-lending to local MSMEs and women-owned SMEs","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1533.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592184,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/01\/this-evening-edita-could-be-getting-a-usd-30-mn-ifc-loan-this-month\/","url_meta":{"origin":596893,"position":5},"title":"THIS EVENING: Edita could be getting a USD 30 mn IFC loan this month","author":"enterpriseam admin","date":"1 August 2023","format":false,"excerpt":"Happy hump day, ladies and gentlemen. It\u2019s a reasonably busy news day as we kick off a fresh month, which begs the question: Is the summer slowdown going to make its presence known this year? THE BIG STORY TODAY Edita could see a USD 30 mn loan from the IFC:\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/3644.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=596893"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596893\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596859"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596893"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596893"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}