{"id":642967,"date":"2017-08-27T03:51:46","date_gmt":"2017-08-27T03:51:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/titan-and-audi-ink-loan-agreement\/"},"modified":"2017-08-27T03:51:46","modified_gmt":"2017-08-27T03:51:46","slug":"titan-and-audi-ink-loan-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/titan-and-audi-ink-loan-agreement\/","title":{"rendered":"Titan and Audi ink loan agreement"},"content":{"rendered":"

Titan Group will inked a loan agreement with Bank Audi that will see it receiving between EGP 300-500 mn in financing by the end of 2017, sources tell AMAY<\/a>. The medium-term loan agreement extends over a period of five years. The funds will be used to boost Titan Group subsidiaries\u2019 capital base, including Alexandria Portland Cement, Misr Beni Suef Cement, and Titan Cement Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

Titan Group will inked a loan agreement with Bank Audi that will see it receiving between EGP 300-500 mn in financing by the end of 2017, sources tell AMAY. The medium-term loan agreement extends over a period of five years. The funds will be used to boost Titan Group subsidiaries\u2019 capital base, including Alexandria Portland […]<\/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-642967","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"d62e63e6-58d2-4a8a-8301-258d925d6d1c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642925],"teaser":"","voice_url":""},"yoast_head":"\nTitan and Audi ink loan agreement - 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\/08\/27\/titan-and-audi-ink-loan-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Titan and Audi ink loan agreement\" \/>\n<meta property=\"og:description\" content=\"Titan Group will inked a loan agreement with Bank Audi that will see it receiving between EGP 300-500 mn in financing by the end of 2017, sources tell AMAY. The medium-term loan agreement extends over a period of five years. 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The loan carries a tenor of 33 months and an aggregate interest rate of the CBE lending rate plus a 3% margin. Alexandria\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":593332,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/25\/titan-cement-to-acquire-ifc-stakes-in-egypt-southeast-europe-businesses\/","url_meta":{"origin":642967,"position":1},"title":"Titan Cement to acquire IFC stakes in Egypt, Southeast Europe businesses","author":"enterpriseam admin","date":"25 November 2019","format":false,"excerpt":"M&A WATCH- Titan Cement to acquire IFC minority stakes in Southeast Egypt, Europe businesses for EUR 81.8 mn: Cement producer Titan Group has agreed to acquire the International Finance Corporation\u2019s (IFC) minority stakes in all of Titan\u2019s subsidiaries in Egypt and Southeast Europe in a EUR 81.8 mn transaction, according\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":593421,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/fra-orders-greeces-titan-to-submit-mto-for-alexandria-cement\/","url_meta":{"origin":642967,"position":2},"title":"FRA orders Greece\u2019s Titan to submit MTO for Alexandria Cement","author":"enterpriseam admin","date":"27 November 2019","format":false,"excerpt":"M&A WATCH- FRA orders Titan Cement to submit MTO for Alexandria Cement: The Financial Regulatory Authority (FRA) has ordered Greek cement company Titan Group to launch a mandatory tender offer (MTO) for 100% of Alexandria Portland Cement (Alexandria Cement) after it agreed to acquire the latter\u2019s parent company, Alexandria Development,\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":591519,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/09\/titan-group-agrees-to-launch-mto-for-100-of-alexandria-cement\/","url_meta":{"origin":642967,"position":3},"title":"Titan Group agrees to launch MTO for 100% of Alexandria Cement","author":"enterpriseam admin","date":"9 December 2019","format":false,"excerpt":"M&A WATCH- Greek cement company Titan Group will launch a mandatory tender offer (MTO) for 100% of Alexandria Portland Cement \u201cwithin days,\u201d Alexandria Cement said in a bourse disclosure (pdf). Titan had acquired Alexandria Cement\u2019s parent company, Alexandria Development, which made it an indirect majority owner through a related party\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":591566,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/titan-group-bids-egp-6-share-in-mto-for-100-of-alexandria-cement\/","url_meta":{"origin":642967,"position":4},"title":"Titan Group bids EGP 6 \/ share in MTO for 100% of Alexandria Cement","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"M&A WATCH- Greek cement company Titan Group launched its mandatory tender offer (MTO) for 100% of Alexandria Portland Cement at EGP 6 per share, Alexandria Cement said in a bourse disclosure (pdf). 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The\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":569504,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/26\/fra-to-review-titan-groups-mto-for-alexandria-cement\/","url_meta":{"origin":642967,"position":5},"title":"FRA to review Titan Group\u2019s MTO for Alexandria Cement","author":"enterpriseam admin","date":"26 February 2020","format":false,"excerpt":"M&A WATCH- Regulator to review Titan Group\u2019s MTO for Alexandria Cement: The Financial Regulatory Authority (FRA) has received and will begin reviewing a mandatory tender offer (MTO) Titan Group subsidiary Alexandria Development submitted for 100% of Alexandria Portland Cement, according to a regulatory filing (pdf).Background: Greek cement company Titan had\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642967","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=642967"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642967\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642925"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642967"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642967"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}