Edita signs a new loan to finance capital expenditures
Cairo, 29 March, 2021
Edita Food Industries S.A.E. has signed a new 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 of EGP 90,000,000 to finance the capital expenditures of the company in Egypt. The loan is part of the CBE initiative program to support Egyptian Companies with low-interest loans.
-Ends
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