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PHDC - Palm Hills Developments News Story

$5.1 0.0  0.0%

Last Trade - 04/04/18

Sector
Financials
Size
Micro Cap
Market Cap £14.6m
Enterprise Value £215.1m
Revenue £237.1m
Position in Universe th / 1827

BRIEF-Palm Hills Developments inks EGP 852 mln syndicated medium term loan

Sun 9th April, 2017 2:13pm
April 9 (Reuters) - Palm Hills Developments Company 
 PHDC.CA : 
    * Inks EGP 852 million syndicated medium term loan to 
finance recently acquired 190 feddan in West Cairo 
    * EGP 852 million loan is jointly provided by National Bank 
of Egypt and National Bank of Abu Dhabi at interest rate of 1.5 
percent 
    * EGP 852 million syndicated loan is for a tenor of 8.5 
years 
 
Source: (http://bit.ly/2oSq04W) 
Further company coverage:  PHDC.CA  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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