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Hedge Funds & Alternative Investments Property & Real Estate Regulation, Risk & Compliance Uncategorized

Palm Hills Developments inks syndicated loan deal

September 28, 2021

By News Team

Palm Hills Developments announced that its wholly-owned subsidiary Palm Hills for Investments and Real Estate Development signed a syndicated loan agreement worth EGP 2.5 billion with Banque Misr and the National Bank of Egypt (NBE). The two banks contributed equally to the 7.5-year loan which will be used to finance…

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