You'll be signed off in 60 seconds due to inactivity

English news

22-Mar-2018

AMOC has yet to sign any debt commitments for its new USD500mn project

Alexandria Mineral Oils Company (AMOC) has yet to sign any debt commitments for its USD500mn project to refine heavy fuel oil into lighter products. According to an AMOC announcement, the project's feasibility studies have yet to be finalised, while debt agreements with local and international finance institutions will only be signed after the completion of the studies. 


AMOC: EGP10.44 as of 21 Mar. 2018, Rating: Neutral, TP: EGP8.00/share, MCap: USD765mn, AMOC EY/AMOC.CA

 

Learn more about the cookies we use.