Egypt refinery investors get $3.7bn financing @ArabianBusiness @resilient_ent #PrivateEquity

Investors in an Egyptian petroleum refinery project, led by Citadel Capital and Qatar Petroleum, have secured $3.7bn in financing for the facility, the project operator has said. The financing, put together by private equity firm Citadel, includes a $1.1bn equity investment and is backed by a $2.6bn debt package, Egypt Refining Company (ERC) said in a statement. Project partners include the Egyptian government.  

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