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ECAs confirmed on Egyptian Refining Company

23 November 2009

JBIC, Kexim and NEXI have confirmed combined takes of more than half of the $2.4 billion project debt the Egyptian Refining Company financing. The sponsor group and financial adviser Societe Generale have expanded the number of procurement contracts with Japanese companies to justify JBIC's involvement. Other non-commercial lenders on the deal are the...

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