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EGYPT: Orange looks to reduce cost of borrowing
Published in issue 00795 of 07 Dec 2017

Orange Egypt is to increase its capital by EGP 15 billion (USD 847.3 million) to restore profitability and improve its financial position, which has been affected by high funding costs. According t...

Tags: recapitalisation, loans, cost of borrowing, IPO, flotation, Northern Africa

 
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