{"id":621517,"date":"2018-11-11T04:24:53","date_gmt":"2018-11-11T04:24:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/"},"modified":"2018-11-11T04:24:53","modified_gmt":"2018-11-11T04:24:53","slug":"egpc-considering-usd-750-mn-loan-from-abroad","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/","title":{"rendered":"EGPC considering USD 750 mn loan from abroad"},"content":{"rendered":"

The Egyptian General Petroleum Company (EGPC) is considering borrowing USD 750 mn from abroad, Amwal Al Ghad reports. EGPC had tapped HSBC in July<\/a> to arrange a USD 1 bn syndicated loan, which would partially be used to pre-pay EGPC cargo deliveries. No agreement was reached on the facility.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian General Petroleum Company (EGPC) is considering borrowing USD 750 mn from abroad, Amwal Al Ghad reports. EGPC had tapped HSBC in July to arrange a USD 1 bn syndicated loan, which would partially be used to pre-pay EGPC cargo deliveries. No agreement was reached on the facility.<\/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":[7207],"tags":[557,93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621517","post","type-post","status-publish","format-standard","hentry","category-energy","tag-egyptian-general-petroleum-corporation","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0da2e5e6-6e19-494a-a686-2bb7583b3c2b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EGPC considering USD 750 mn loan from abroad","related_issue":[621485],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.1d6e8e23-da25-4507-a945-cde4172dad5f.mp3"},"yoast_head":"\nEGPC considering USD 750 mn loan from abroad - 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\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGPC considering USD 750 mn loan from abroad\" \/>\n<meta property=\"og:description\" content=\"The Egyptian General Petroleum Company (EGPC) is considering borrowing USD 750 mn from abroad, Amwal Al Ghad reports. EGPC had tapped HSBC in July to arrange a USD 1 bn syndicated loan, which would partially be used to pre-pay EGPC cargo deliveries. No agreement was reached on the facility.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-11T04:24:53+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\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGPC considering USD 750 mn loan from abroad\",\"datePublished\":\"2018-11-11T04:24:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/\"},\"wordCount\":54,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egyptian General Petroleum Corporation\",\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/\",\"name\":\"EGPC considering USD 750 mn loan from abroad - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-11-11T04:24:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EGPC considering USD 750 mn loan from abroad\"}]},{\"@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":"EGPC considering USD 750 mn loan from abroad - 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\/2018\/11\/11\/egpc-considering-usd-750-mn-loan-from-abroad\/","og_locale":"en_US","og_type":"article","og_title":"EGPC considering USD 750 mn loan from abroad","og_description":"The Egyptian General Petroleum Company (EGPC) is considering borrowing USD 750 mn from abroad, Amwal Al Ghad reports. 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State-owned United Bank is contributing USD 40 mn towards the loan, he said.","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604642,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/consortium-to-provide-egpc-with-usd-750-mn-loan-for-arrears\/","url_meta":{"origin":621517,"position":1},"title":"Consortium to provide EGPC with USD 750 mn loan for arrears","author":"enterpriseam admin","date":"9 December 2018","format":false,"excerpt":"A Mashreq Bank-First Abu Dhabi Bank-HSBC consortium is arranging a USD 750 mn, five-year loan for the Egyptian General Petroleum Corporation (EGPC), which will be used to pay off arrears to international oil companies, banking sources told Al Shorouk. Each of the three banks will contribute an equal share to\u2026","rel":"","context":"In "Banking + Finance"","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":567165,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/14\/egpc-borrows-usd-500-mn-from-afrexim-nbe-to-finance-crude-imports\/","url_meta":{"origin":621517,"position":2},"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. The state-owned energy company signed contracts with the two banks at the end\u2026","rel":"","context":"In "Banking + Finance"","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":603004,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/11\/egpc-borrows-usd-430-mn-from-credit-agricole\/","url_meta":{"origin":621517,"position":3},"title":"EGPC borrows USD 430 mn from Credit Agricole","author":"enterpriseam admin","date":"11 April 2019","format":false,"excerpt":"Credit Agricole Egypt has granted the Egyptian General Petroleum Corporation (EGPC) two loans totaling USD 430 mn, according to statements from the bank\u2019s managing director Pierre Venas reported by Al Mal. One USD 350 mn loan was issued to EGPC\u2019s refining subsidiary Midor and another USD 80 mn loan was\u2026","rel":"","context":"In "Banking + Finance"","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":599859,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/nbe-looks-to-arrange-egp-2-4-bn-syndicated-loan-for-egpc\/","url_meta":{"origin":621517,"position":4},"title":"NBE looks to arrange EGP 2.4 bn syndicated loan for EGPC","author":"enterpriseam admin","date":"13 January 2019","format":false,"excerpt":"The National Bank of Egypt is in talks with local banks to arrange a EGP 2.4 bn syndicated loan for the Egyptian General Petroleum Company (EGPC), banking sources told Al Shorouk. 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