Egypt seeks $ 2 billion syndicated loan

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© Reuters. FILE PHOTO: A general view shows Tahrir Square, after its renovation, following the coronavirus disease (COVID-19) outbreak, in Cairo, Egypt July 13, 2020. REUTERS / Mohamed Abd El Ghany / File Photo

CAIRO (Reuters) – The Egyptian government has launched a 3-year syndicated loan with green and Islamic finance components with the aim of raising $ 2 billion, Emirates NBD bank said in a statement on Thursday.

Emirates NBD Capital Ltd and First Abu Dhabi Bank PJSC are mandated as joint global coordinators, lead arrangers and bookkeepers for the deal, the UAE-based bank said.

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