{"id":625715,"date":"2018-08-13T04:18:22","date_gmt":"2018-08-13T04:18:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/ethydco-in-talks-with-local-banks-to-finance-egp-1-8-2-bn-polybutadiene-plant\/"},"modified":"2018-08-13T04:18:22","modified_gmt":"2018-08-13T04:18:22","slug":"ethydco-in-talks-with-local-banks-to-finance-egp-1-8-2-bn-polybutadiene-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/ethydco-in-talks-with-local-banks-to-finance-egp-1-8-2-bn-polybutadiene-plant\/","title":{"rendered":"Ethydco in talks with local banks to finance EGP 1.8-2 bn polybutadiene plant"},"content":{"rendered":"

The Egyptian Ethylene and Derivatives Company (Ethydco) is reportedly in talks with local banks to arrange a EGP 1.8-2 bn loan needed for a polybutadiene factory it\u2019s looking to establish at its Alexandria industrial complex, unnamed sources tell Al Mal<\/a>. The company, which is shopping for a facility with a 5-7-year tenor, is holding discussions with CIB, as well as the National Bank of Egypt, Banque Misr, and Banque du Caire, they add, noting that a tranche of the loan will be provided in foreign currency. Ethydco is among the 23 state-owned companies which will IPO<\/a>or list additional shares on the EGX.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian Ethylene and Derivatives Company (Ethydco) is reportedly in talks with local banks to arrange a EGP 1.8-2 bn loan needed for a polybutadiene factory it\u2019s looking to establish at its Alexandria industrial complex, unnamed sources tell Al Mal. The company, which is shopping for a facility with a 5-7-year tenor, is holding discussions […]<\/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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625715","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"508aecdf-f8bd-402a-bbf2-b2bc10525d94","order":"0","is_powered_by":true,"section_story_id":"b8a3b520-7d80-4523-b34b-75c931e0704a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625686],"teaser":"","voice_url":""},"yoast_head":"\nEthydco in talks with local banks to finance EGP 1.8-2 bn polybutadiene plant - 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\/08\/13\/ethydco-in-talks-with-local-banks-to-finance-egp-1-8-2-bn-polybutadiene-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethydco in talks with local banks to finance EGP 1.8-2 bn polybutadiene plant\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Ethylene and Derivatives Company (Ethydco) is reportedly in talks with local banks to arrange a EGP 1.8-2 bn loan needed for a polybutadiene factory it\u2019s looking to establish at its Alexandria industrial complex, unnamed sources tell Al Mal. 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