Edita Food Industries signs two new loans

Cairo, April 1, 2020

Edita Food Industries S.A.E. signed a loan with The National Bank of Kuwait (NBK). The Loan Contract states that the bank will enable the Company to receive a medium term loan of 7 years and a total amount EGP 96,000,000 to finance the capital expenditures of the Group in Egypt. Additionally, Digma S.A.E. (Subsidiary of Edita Food Industries) signed a medium term loan of 5 years with Credit Agricole Bank for a total amount of EGP 155,000,000 to finance Digma's distribution network expansion.

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Contacts

Ms. Menna Shams El Din

Investor Relations and Business Development Senior Director
T: +202 3851 6464 | M: +20 100 1542428 | menna.shamseldin@edita.com.eg

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