By: Islam Fadl
Cairo – Mubasher: The United Lease Company is currently considering the possibility of raising the capital to EGP 100 million from EGP 50 million, CEO Maher Abu Setit said.
He noted that the company has received financing from eight banks at a total value of EGP 1.5 billion.
United Lease also considers arranging two joint transactions valued at EGP 250 million in the industrial and real estate sectors, the CEO said on the sidelines of a forum held to discuss the financing instruments.
He clarified that the company’s share in this financing will stand at EGP 80 million.
