{"id":604975,"date":"2018-12-18T04:16:25","date_gmt":"2018-12-18T04:16:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-carbon-holdings-inks-equity-framework-agreement-for-tpc-with-african-finance-corp\/"},"modified":"2018-12-18T04:16:25","modified_gmt":"2018-12-18T04:16:25","slug":"egypts-carbon-holdings-inks-equity-framework-agreement-for-tpc-with-african-finance-corp","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-carbon-holdings-inks-equity-framework-agreement-for-tpc-with-african-finance-corp\/","title":{"rendered":"Egypt\u2019s Carbon Holdings inks equity framework agreement for TPC with African Finance Corp."},"content":{"rendered":"

CLARIFICATION- Carbon\u2019s TPC inks equity framework agreement:<\/b> Tahrir Petrochemicals Corporation and Lagos-based Africa Finance Corporation (AFC) have signed a USD 1.25 bn equity subscription framework agreement for its c. USD 11 bn petrochemicals project, slated to become the largest of its kind in the region, Carbon Holdings said in a statement (pdf)<\/a>. \u201cWe are proud to partner with Tahrir Petrochemical Corporation; a breakthrough project in one of the most important petrochemical industries in the region, which we believe will benefit Africa as a whole,\u201d said AFC representative Mr. Sanjiv Gupta. Media reports<\/a> had earlier presented the framework agreement as a firm commitment of USD 1.25 bn in financing.<\/p>\n","protected":false},"excerpt":{"rendered":"

CLARIFICATION- Carbon\u2019s TPC inks equity framework agreement: Tahrir Petrochemicals Corporation and Lagos-based Africa Finance Corporation (AFC) have signed a USD 1.25 bn equity subscription framework agreement for its c. USD 11 bn petrochemicals project, slated to become the largest of its kind in the region, Carbon Holdings said in a statement (pdf). \u201cWe are proud […]<\/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":[8572],"tags":[2841,2381,72,705,2380,11518],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604975","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-african-finance-corporation","tag-carbon-holdings","tag-enterpriseam","tag-petrochemicals","tag-speed-round","tag-tahrir-petrochemicals-corporation","wpautop","entry"],"acf":{"mongo_id":"edf1657e-139a-4114-bdab-1f489b06229c","order":"0","is_powered_by":true,"section_story_id":"212ad108-6dcd-4385-9508-72e65b4568c3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[604951],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s Carbon Holdings inks equity framework agreement for TPC with African Finance Corp. - 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\/2018\/12\/18\/egypts-carbon-holdings-inks-equity-framework-agreement-for-tpc-with-african-finance-corp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Carbon Holdings inks equity framework agreement for TPC with African Finance Corp.\" \/>\n<meta property=\"og:description\" content=\"CLARIFICATION- Carbon\u2019s TPC inks equity framework agreement: Tahrir Petrochemicals Corporation and Lagos-based Africa Finance Corporation (AFC) have signed a USD 1.25 bn equity subscription framework agreement for its c. 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USD 5.4 bn for the USD 10.9 bn Tahrir Petrochemicals Company, according to a\u2026","rel":"","context":"In "Speed Round"","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":627002,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/carbon-holdings-to-reach-financial-close-on-tpc-before-years-end-in-talks-with-various-equity-investors-over-funding\/","url_meta":{"origin":604975,"position":2},"title":"Carbon Holdings to reach financial close on TPC before year\u2019s end, in talks with various equity investors over funding","author":"enterpriseam admin","date":"17 July 2018","format":false,"excerpt":"Carbon Holdings expects to reach financial close on its USD 10.9 bn Tahrir Petrochemicals Complex (TPC) by the end of the year, Managing Director for Environment and Sustainability, Mohamed Hassan, tells Bloomberg in an interview. The project is being financed by a USD 5.4 bn debt package through institutions such\u2026","rel":"","context":"In "Speed Round"","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":603086,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/carbon-begins-construction-of-usd-11-bn-tahrir-petchem-complex\/","url_meta":{"origin":604975,"position":3},"title":"Carbon begins construction of USD 11 bn Tahrir Petchem Complex","author":"enterpriseam admin","date":"15 April 2019","format":false,"excerpt":"Carbon breaks ground on USD 11 bn Tahrir Petchem Complex: Carbon Holdings has broken ground on its USD 10.9 bn Tahrir Petrochemicals Complex (TPC) in Ain Sokhna\u2019s economic zone, Suez Canal Authority head Mohab Mamish said in a statement. 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