Banks to arrange $1.5 bln loan for Egypt to repay foreign energy firms
November 28, 2014 at 15:05 PM EST
CAIRO, Nov 28 (Reuters) - HSBC, National Bank of Egypt and National Bank of Abu Dhabi will arrange a $1.5 billion syndicated loan to Egypt's state oil company in order for the country to pay back foreign energy companies, a statement from the three banks said on Friday.