Edita Food Industries S.A.E. signed a Finance Agreement with the International Finance Corporation. IFC will enable the Company by virtue of the Finance Agreement to obtain a long term loan of atotal amount of amount of USD 45,000,000 (forty-five million United States Dollars) with a tenor of eight (8) years for the purpose of financing the Company's working capital and capital expenditure in the Arab Republic of Egypt and the Kingdom of Morocco, the Company's international expansion plan and the settlement of up to USD 10,000,000 (ten million United States Dollars) of the previously granted IFC loan.