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Egypt's Citadel refinery unit seeking $2.35 b funds
Reuters Published in The Egyptian Gazette on 17 - 06 - 2010

Egypt's private equity firm Citadel Capital said one of its units was in advanced talks to secure $2.35 billion in financing for a refinery project in the Egyptian capital, the bourse reported on Thursday.
The Egyptian refining company, in which Citadel said it had more than 8 per cent.
"has entered an advanced stage of talks with several export credit agencies and international financial institutions to finalise obtaining required financing in loans and facilities worth $2.35 billion".

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