News
21 January 2020

Canal Sugar seals dual-currency bridge deal for agri project

In:
Agri/Soft Commodities, Manufacturing & equipment
Region:
Middle East & Africa

Dubai-based Canal Sugar has closed a dual-currency syndicated bridge facility of up to $175 million to back the financing of its sugar and grains terminal project in Egypt. Closed on 9 December 2019, the facility features a floating tenor of six months, with a six-month extension option. The deal...

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