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
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