Tags : Omar S. Bassiouny

Capital Markets Egypt Industrial

TCI Sanmar completes Egypt’s first Bonds Issuance via Debt Conversion

TCI Sanmar Chemicals (“TCI Sanmar”) has successfully completed the private placement of the company’s Non-Convertible Debentures (“NCDs”) to nine foreign banks through the conversion of 15% of the total debt of TCI Sanmar into a number of 2,353,967 NCDs amounting to USD 117,698,350.  Arab African International Bank (“AAIB”) was also involved in the transaction as […]

Deal & transactions Egypt Food & Beverage

Agthia Group enhances Egyptian portfolio with the acquisition of Auf Group 

Agthia Group, a major player in the food and beverage sector in MENA, is to enter into a strategic acquisition of 60% of Auf Group, an Egyptian healthy snacks and coffee company operating under the Abu Auf masterbrand, with a large direct-to-consumer channel.  Auf Group’s founders will retain a combined stake of 30%, and Tanmiya […]