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SecuritizationCLOs-CDOs

ERC takes off as EGPC seeks $150m final hold from lenders

Egyptian General Petroleum Corp (EGPC) has sent out a teaser to bank lenders as it readies formal sub-underwriting of a $2bn pre-export financing. The launch comes as details emerge of a separate $2.35bn project loan for another Egyptian borrower, the Egyptian Refining Company (ERC).

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