Arabian Cement Company (ACC) to restructure its USD 23 million and EGP 499.3 million outstanding debts, due to one of the Egyptian banks, with a top-up in the short term facility through a syndicated loan from the European Bank for Reconstruction and Development (EBRD) and the Commercial International Bank of Egypt (CIB). This financing package will be supporting Arabian Cement Company in its long term strategy to improve the energy efficiency and cost effectiveness of its operations.
