News
30 October 2019

Guarantco supports loan to Jordanian clothing manufacturer

Region:
Middle East & Africa

Jordanian clothing manufacturer Classic Fashion Apparel Industry has raised a $42.5 million five-year on-demand guarantee from Guarantco to support a loan from Standard Chartered Jordan. Proceeds from the loan will finance construction of a textile processing mill, a centralised cloth cutting...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...

Perspective
24 April 2026

Jabiru-1: Who’s out of orbit?

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part...