Brief: Orascom Development: Signs CHF 175 Million Syndication Loan For O West Project

Orascom Development Holding AG

06/11/2023 06:02

Nov 6 (Reuters) - Orascom Development Holding AG
 ODHN.S :
    * ORASCOM DEVELOPMENT SIGNS CHF 175 MILLION SYNDICATION LOAN
FOR O
WEST PROJECT
    * ORASCOM DEVELOPMENT HOLDING AG, THROUGH ITS SUBSIDIARY
ORASCOM
FOR REAL ESTATE S.A.E (ORE), HAS SIGNED A CHF 175 MILLION
SYNDICATED LOAN AGREEMENT WITH TWO LOCAL EGYPTIAN BANKS TO
FINANCE FURTHER DEVELOPMENT OF O WEST PROJECT
    * LOAN'S TENOR IS SET OVER TEN YEARS

Source text for Eikon:  ID:nEQ2t6Ckga 
Further company coverage:  ODHN.S 

 (Reporting by Berlin Newsroom)
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