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25. February 2015
Propann has successfully raised US$ 4.3m (TND 8.4m) - IEG – North Africa as exclusive financial advisor
Propann has mandated IEG – North Africa as financial advisor. The innovative Tunisian manufacturer of wood based panels has retained IEG – North Africa to identify adequate investors to finance the launch of its new production facility. In December 2014, Propann has successfully raised US$ 4.3m (TND 8.4m) as equity as well as short and mid-term debt.
The team of the IEG – North Africa has ensured the management and the coordination of the entire process, starting from the business plan preparation to the identification of financial partners, the negotiation and the closing of the deal.
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