Beltone and Natco Financial Agreement
NATCO has signed an agreement with Beltone Financial to act as its financial advisor to issue 1 Billion EGP worth of green bonds, to cover the future expansion of Mercedes-Benz development plan as well as engaging in manufacturing electric vehicles, car chargers, establishing charging stations, national infrastructure network as well as sales, distribution, and after-sales services of electric vehicles.
The agreement also aims to study the listing of a portion of the company’s shares on the Egyptian Stock Exchange. NATCO is able to turn the future vision into reality and is proud of being a reliable partner to provide future infrastructure for the coming years and serving the automotive Egyptian consumers.
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Beltone and Natco Financial Agreement
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