Engro Fertilizers inks landmark PKR33.6bn deal

In:

Agri/Soft Commodities, Chemicals/Petrochemicals

Region:

Asia-Pacific

IFC has provided a partial credit guarantee of up to PKR33.6 billion (about $120 million) to support long-term top-tier local currency financing from Standard Chartered Bank Pakistan to Engro Fertilizers.The financing represents IFC’s first local currency investment in Pakistan and is designed...

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