Tags : Shery Soliman

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 […]