RNS Number : 8783T
Edita Food Industries S.A.E.
29 March 2021
 

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

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCDKCBNCBKDBNB