(Reuters) - Egyptian Fertilisers Co. will borrow $1.25 billion to help its new owners, including Abraaj Capital of the United Arab Emirates, finance their $1.41 billion acquisition, Abraaj said on Sunday.
The company will sell five-year Islamic bonds to raise $400 million and borrow another $850 million from banks, Tom Speechley, executive director of Abraaj Capital, told reporters.
Read more at Reuters Africa
The company will sell five-year Islamic bonds to raise $400 million and borrow another $850 million from banks, Tom Speechley, executive director of Abraaj Capital, told reporters.
Read more at Reuters Africa
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