ODE SLL
Sector: Water Supply and Storage • Location: Egypt, Arab Republic of
Source: International Finance Corporation (IFC)
The proposed IFC investment is a Senior Secured Loan of: (i) up to US$ 96 million, and (ii) up to EUR 55 million to Orascom Development Egypt (“ODE” or the “Company”), a leading tourism and property developer in Egypt. The proposed SLL will provide ODE with long-term financing to help implement its energy renovations, capital expenditure program, and renovation of its strategic hotel assets in El
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed IFC investment is a Senior Secured Loan of: (i) up to US$ 96 million, and (ii) up to EUR 55 million to Orascom Development Egypt (“ODE” or the “Company”), a leading tourism and property developer in Egypt. The proposed SLL will provide ODE with long-term financing to help implement its energy renovations, capital expenditure program, and renovation of its strategic hotel assets in El Gouna, including the Movenpick Hotel, and strengthen its financial wherewithal by replacing short-term debt with more long-term patient debt (the “Project”). |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
