{"id":602185,"date":"2019-03-20T03:44:15","date_gmt":"2019-03-20T03:44:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/global-lease-to-borrow-usd-10-mn-from-eu-based-funds-to-diversify-sources\/"},"modified":"2019-03-20T03:44:15","modified_gmt":"2019-03-20T03:44:15","slug":"global-lease-to-borrow-usd-10-mn-from-eu-based-funds-to-diversify-sources","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/global-lease-to-borrow-usd-10-mn-from-eu-based-funds-to-diversify-sources\/","title":{"rendered":"Global Lease to borrow USD 10 mn from EU-based funds to diversify sources"},"content":{"rendered":"<p>Global Lease is planning to borrow USD 10 mn from two unnamed European lenders this year to diversify its financing sources, CEO Hatem Samir said, <a href=\"https:\/\/www.almalnews.com\/Story\/414503\/11\/%C2%AB%D8%AC%D9%84%D9%88%D8%A8%D8%A7%D9%84-%D9%84%D9%8A%D8%B3%C2%BB-%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D8%B5%D9%86%D8%AF%D9%88%D9%82%D9%8A-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A%D9%8A%D9%86-%D8%B9%D9%84%D9%89-%D8%AA%D9%85%D9%88%D9%8A%D9%84%D8%A7%D8%AA-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-10-%D9%85%D9%84%D8%A7%D9%8A%D9%8A%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\">according to Al Mal<\/a>. Global Lease previously secured USD 5 mn from the EBRD\u2019s Green for Growth Fund to finance its projects in the renewable energy sector. The company will also soon launch Global Finance Company, an arm specialized in factoring services, Samir separately <a href=\"https:\/\/www.almalnews.com\/Story\/414510\/14\/-%D8%AC%D9%84%D9%88%D8%A8%D8%A7%D9%84-%D9%84%D9%8A%D8%B3-%D9%84%D9%84%D8%AA%D8%A3%D8%AC%D9%8A%D8%B1-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84%D9%89-%D8%A8%D8%B5%D8%AF%D8%AF-%D8%A5%D8%B7%D9%84%D8%A7%D9%82-%C2%ABGlobal-financ\">told the newspaper<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Lease is planning to borrow USD 10 mn from two unnamed European lenders this year to diversify its financing sources, CEO Hatem Samir said, according to Al Mal. Global Lease previously secured USD 5 mn from the EBRD\u2019s Green for Growth Fund to finance its projects in the renewable energy sector. The company will [&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":[204,2372,130,72,900,9354,595,83,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602185","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-construction","tag-enterpriseam","tag-food-and-beverage","tag-global-lease","tag-non-banking-financial-services","tag-real-estate","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"b212c98b-351d-4a2a-9b04-cd62f01bf318","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[602155],"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>Global Lease to borrow USD 10 mn from EU-based funds to diversify sources - 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\/03\/20\/global-lease-to-borrow-usd-10-mn-from-eu-based-funds-to-diversify-sources\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Lease to borrow USD 10 mn from EU-based funds to diversify sources\" \/>\n<meta property=\"og:description\" content=\"Global Lease is planning to borrow USD 10 mn from two unnamed European lenders this year to diversify its financing sources, CEO Hatem Samir said, according to Al Mal. 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Meanwhile, the leasing outfit has plans to increase its capital to EGP 200 mn from its current EGP 112.5\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":600968,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/global-lease-in-talks-to-increase-financing-portfolio-by-egp-500-mn\/","url_meta":{"origin":602185,"position":1},"title":"Global Lease in talks to increase financing portfolio by EGP 500 mn","author":"enterpriseam admin","date":"14 February 2019","format":false,"excerpt":"Global Lease is in talks with four local banks, including Attijariwafa and United Bank, to increase its financing portfolio by EGP 500 mn over the next two months to reach a total of EGP 3.5 bn, said CEO Hatem Samir. The company has already secured a total of EGP 3\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":630806,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/global-lease-sets-up-real-estate-assets-management-arm\/","url_meta":{"origin":602185,"position":2},"title":"Global Lease sets up real estate assets management arm","author":"enterpriseam admin","date":"1 March 2018","format":false,"excerpt":"Global Lease has set up a real estate assets management arm with an initial portfolio worth EGP 200 mn, CEO Hatem Samir tells Al Borsa. Separately, Global Lease is looking to increase its leasing 30-40% this year and is targeting syndicated leasing activities worth EGP 900 mn. 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The company, previously known as Global Finance, is in separate talks with the banks and is looking to obtain between EGP\u2026","rel":"","context":"In &quot;SPEED ROUND: DEBT WATCH&quot;","block_context":{"text":"SPEED ROUND: DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/393.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567165,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/14\/egpc-borrows-usd-500-mn-from-afrexim-nbe-to-finance-crude-imports\/","url_meta":{"origin":602185,"position":5},"title":"EGPC borrows USD 500 mn from Afrexim, NBE to finance crude imports","author":"enterpriseam admin","date":"14 January 2020","format":false,"excerpt":"The Egyptian General Petroleum Corporation (EGPC) will borrow USD 500 mn from the African Export-Import Bank (Afrexim) and the National Bank of Egypt (NBE) to finance imports of crude and petroleum products, banking sources told Al Shorouk. 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