Beltone approves EGP 10.75bn capital increase to drive expansion, growth strategy
Beltone Holding has announced that its Board of Directors has approved a capital increase of EGP 10.75bn, marking a key step in the company’s expansion and growth strategy. This decision follows the success of last year’s EGP 10bn capital raise
ERC completes debt restructuring, pays $315m to senior, subordinated lenders
The Egyptian Refining Company (ERC) has concluded its Senior and Subordinated Debt Restructuring, marking a significant milestone in its financial strategy. As part of the agreement, ERC made payments totaling $315 million, which included $33.3m in fees and default interest