Orascom Construction Industries (OCI) today announced that its subsidiary OCI nitrogen in the Netherlands may
I signed a contract a loan of 175 million euros with the General Coordinator of the main (Rabobank International)
And which will also act as a lender.
The loan was structured to be as follows: -
€ 100 million long-term loan - 
75 million euro loan -
It should be noted that he would be the use of the loan amounts referred to above, re-financing of working capital
And fixed assets for the company OCI nitrogen, which was funded with a loan of crossings through the company
Orascom Construction industry in the first of June the time of the takeover by the OCI nitrogen value of 310 million euros.
Commented Mr. / Salman Butt - Head of the financial sector of the group company Orascom Construction Industries said:
We're delighted to new banking relationship with Rabobank International, which is consistent with our approach developed balanced financing structure of OCI nitrogen, thus contributing to reduce the cost of capital to increase the return on shareholders.
Commented Mr. / Mondria - Head of the sector responsible for the development of agricultural resources by International Rabobank, saying: that the bank generally tends to focus attention on the food industry, agriculture and, as we
We congratulate the Orascom Construction on the recent acquisition, which made the company a pioneer in the field
The fertilizer industry, Rabobank International is also pleased to contribute an active role in the financing of this transaction and we look forward to a future of fruitful cooperation together. "
