{"id":628988,"date":"2018-05-20T03:55:30","date_gmt":"2018-05-20T03:55:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders\/"},"modified":"2018-05-20T03:55:30","modified_gmt":"2018-05-20T03:55:30","slug":"banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders\/","title":{"rendered":"Banque Misr reportedly taps Citigroup to arrange USD 500 mn loan from int\u2019l lenders"},"content":{"rendered":"

<\/a> State-owned Banque Misr has reportedly tapped Citigroup to arrange a USD 500 mn syndicated loan<\/strong>, sources close to the matter tell Reuters<\/a>. Banque Misr Chairman Mohamed El Etreby said earlier this month<\/a> that the bank had hired an international institution to manage a USD 500 mn facility it was looking to secure by 3Q2018 to finance planned expansion. Neither Citigroup of Banque Misr could be reached for comment, says the newswire, which describes the chatter as \u201cthe latest sign of a pick-up in interest among international banks in lending to Egyptian borrowers,\u201d noting a USD 600 mn loan being arranged for the National Bank of Egypt, around USD 700 mn in loans for the Egyptian Electricity Holding Company, as well as Telecom Egypt\u2019s USD 900 mn in total recent facilities. \u201cSuch loans are being seen as a sign of returning confidence among international lenders in the Egyptian economy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

State-owned Banque Misr has reportedly tapped Citigroup to arrange a USD 500 mn syndicated loan, sources close to the matter tell Reuters. Banque Misr Chairman Mohamed El Etreby said earlier this month that the bank had hired an international institution to manage a USD 500 mn facility it was looking to secure by 3Q2018 to […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628988","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f2bca5ee-9c3e-4fc2-8e04-8c818f7b9ffd","order":"0","is_powered_by":true,"section_story_id":"a2fbeb4e-fcb2-434c-924a-9eeb3e2167a1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628968],"teaser":"","voice_url":""},"yoast_head":"\nBanque Misr reportedly taps Citigroup to arrange USD 500 mn loan from int\u2019l lenders - 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\/05\/20\/banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr reportedly taps Citigroup to arrange USD 500 mn loan from int\u2019l lenders\" \/>\n<meta property=\"og:description\" content=\"State-owned Banque Misr has reportedly tapped Citigroup to arrange a USD 500 mn syndicated loan, sources close to the matter tell Reuters. Banque Misr Chairman Mohamed El Etreby said earlier this month that the bank had hired an international institution to manage a USD 500 mn facility it was looking to secure by 3Q2018 to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-20T03:55:30+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque Misr reportedly taps Citigroup to arrange USD 500 mn loan from int\u2019l lenders\",\"datePublished\":\"2018-05-20T03:55:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders\/\"},\"wordCount\":158,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/20\/banque-misr-reportedly-taps-citigroup-to-arrange-usd-500-mn-loan-from-intl-lenders\/\",\"name\":\"Banque Misr reportedly taps Citigroup to arrange USD 500 mn loan from int\u2019l lenders - 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