{"id":637019,"date":"2017-11-06T03:49:08","date_gmt":"2017-11-06T03:49:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/"},"modified":"2017-11-06T03:49:08","modified_gmt":"2017-11-06T03:49:08","slug":"evergrow-receives-egp-1-2-bn-syndicated-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/","title":{"rendered":"Evergrow receives EGP 1.2 bn syndicated loan"},"content":{"rendered":"

Evergrow for Specialized Fertilizers received a EGP 1.2 bn syndicated loan from a consortium of banks including Arab African International Bank, Abu Dhabi Islamic Bank and National Bank of Egypt, to finance the establishment of the Evergrow factory in the Sadat Industrial Zone. Sarie-Eldin & Partners was the legal adviser on the transactions, the firm said in a statement (pdf)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Evergrow for Specialized Fertilizers received a EGP 1.2 bn syndicated loan from a consortium of banks including Arab African International Bank, Abu Dhabi Islamic Bank and National Bank of Egypt, to finance the establishment of the Evergrow factory in the Sadat Industrial Zone. Sarie-Eldin & Partners was the legal adviser on the transactions, the firm […]<\/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-637019","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"44f25bd5-b68b-4b54-8e09-18c6740f5977","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[636980],"teaser":"","voice_url":""},"yoast_head":"\nEvergrow receives EGP 1.2 bn syndicated loan - 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\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Evergrow receives EGP 1.2 bn syndicated loan\" \/>\n<meta property=\"og:description\" content=\"Evergrow for Specialized Fertilizers received a EGP 1.2 bn syndicated loan from a consortium of banks including Arab African International Bank, Abu Dhabi Islamic Bank and National Bank of Egypt, to finance the establishment of the Evergrow factory in the Sadat Industrial Zone. Sarie-Eldin & Partners was the legal adviser on the transactions, the firm […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-06T03:49:08+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\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Evergrow receives EGP 1.2 bn syndicated loan\",\"datePublished\":\"2017-11-06T03:49:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/\"},\"wordCount\":64,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/\",\"name\":\"Evergrow receives EGP 1.2 bn syndicated loan - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-11-06T03:49:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Evergrow receives EGP 1.2 bn syndicated loan\"}]},{\"@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":"Evergrow receives EGP 1.2 bn syndicated loan - 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\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/","og_locale":"en_US","og_type":"article","og_title":"Evergrow receives EGP 1.2 bn syndicated loan","og_description":"Evergrow for Specialized Fertilizers received a EGP 1.2 bn syndicated loan from a consortium of banks including Arab African International Bank, Abu Dhabi Islamic Bank and National Bank of Egypt, to finance the establishment of the Evergrow factory in the Sadat Industrial Zone. Sarie-Eldin & Partners was the legal adviser on the transactions, the firm […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-11-06T03:49:08+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Evergrow receives EGP 1.2 bn syndicated loan","datePublished":"2017-11-06T03:49:08+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/"},"wordCount":64,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["BANKING + FINANCE","EnterpriseAM"],"articleSection":["Banking + Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/","name":"Evergrow receives EGP 1.2 bn syndicated loan - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-11-06T03:49:08+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/evergrow-receives-egp-1-2-bn-syndicated-loan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Evergrow receives EGP 1.2 bn syndicated loan"}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":557237,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/12\/evergrow-to-receive-loan-to-restructure-debts-arkan-palm-gets-egp-1-5-bn-for-sheikh-zayed-development\/","url_meta":{"origin":637019,"position":0},"title":"Evergrow to receive loan to restructure debts + Arkan Palm gets EGP 1.5 bn for Sheikh Zayed development","author":"enterpriseam admin","date":"12 September 2021","format":false,"excerpt":"Evergrow is getting a loan to restructure its debts: A consortium of 12 banks led by Mashreq Bank and the National Bank of Egypt (NBE) has began to disburse the USD 400 mn loanagreed with Evergrow earlier this year, which the Egyptian fertilizer firm will use to restructure its debts\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600965,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/evergrow-agrees-egp-1-2-bn-loan-with-three-banks\/","url_meta":{"origin":637019,"position":1},"title":"Evergrow agrees EGP 1.2 bn loan with three banks","author":"enterpriseam admin","date":"14 February 2019","format":false,"excerpt":"Evergrow for Speciality Fertilizers has reached an EGP 1.2 bn financing agreement with the National Bank of Egypt, the Arab African International Bank and Abu Dhabi Islamic Bank, Chairman Mohamed Al Kheshen told the domestic press. The financing will be used to fund new investments and covers 60% of the\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593389,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/evergrow-in-talks-with-egyptian-banks-to-restructure-egp-8-bn-in-loans-facilities\/","url_meta":{"origin":637019,"position":2},"title":"Evergrow in talks with Egyptian banks to restructure EGP 8 bn in loans, facilities","author":"enterpriseam admin","date":"26 November 2019","format":false,"excerpt":"Evergrow Specialty Fertilizers is in talks with a local banking consortium to restructure EGP 8 bn in loans and credit facilities, and is looking to get better terms and a lower interest margin on the loans, unnamed sources tell Al Mal. The consortium includes the National Bank of Egypt, Banque\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":573895,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/23\/local-banks-joining-uaes-mashreq-in-arranging-usd-360-mn-loan-to-evergrow\/","url_meta":{"origin":637019,"position":3},"title":"Local banks joining UAE\u2019s Mashreq in arranging USD 360 mn loan to Evergrow","author":"enterpriseam admin","date":"23 August 2020","format":false,"excerpt":"At least five banks \u2014 the National Bank of Egypt, Banque Misr, Suez Canal Bank, the Housing and Development Bank, and EG Bank \u2014 are participating in a USD 360 mn loan the UAE\u2019s Mashreq Bank is arranging for Evergrow Speciality Fertilizers, reports Al Shorouk. Evergrow will use the loan\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":561830,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/22\/evergrow-is-restructuring-its-debts\/","url_meta":{"origin":637019,"position":4},"title":"Evergrow is restructuring its debts","author":"enterpriseam admin","date":"22 April 2021","format":false,"excerpt":"Egyptian fertilizer company Evergrow has signed a USD 400 mn loan agreement with a syndicate of 12 banks led by Mashreq Bank and the National Bank of Egypt (NBE), who acted as the facility arrangers, Hapi Journal reports, citing a company statement. Some USD 326 mn will be used to\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/233.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591808,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/evergrow-to-receive-usd-150-mn-loan-to-restructure-debts\/","url_meta":{"origin":637019,"position":5},"title":"Evergrow to receive USD 150 mn loan to restructure debts","author":"enterpriseam admin","date":"17 December 2019","format":false,"excerpt":"Egyptian fertilizer manufacturer Evergrow has reached an agreement with four local banks for a USD 150 mn loan to restructure its debts, banking sources told Al Shorouk. The company borrowed USD 200 mn from the National Bank of Egypt (NBE), Banque Misr, and the Arab African International Bank (AAIB) 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=637019"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637019\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/636980"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637019"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637019"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}