Egypt: The Arabian Cement Company (ACC) has successfully rescheduled a US$30.9m loan from the National Bank of Egypt. The loan will now be paid in quarterly instalments to mid-2021, according to the Daily News Egypt newspaper. The borrowing was originally taken out to expand its production faculties.
Arabian Cement Company reschedules US$30.9m loan to 2021
URL: https://globalcement.com/news/item/6952-arabian-cement-company-reschedules-us-30-9m-loan-to-2021
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