We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as the legal advisor to Hassan Allam Construction and a number of its affiliates within Hassan Allam Group in respect of a USD 200 million facility granted by the African Export-Import Bank (“Afreximbank”). This facility will fortify Hassan Allam’s expansion efforts in Africa and the Middle East.
MBH represented Hassan Allam Group in respect of the transaction, reviewed the loan agreement, finance and security documentation, and negotiated these on behalf of Hassan Allam Group with Afreximbank and its legal advisor.
The MBH Team advising on the transaction was led by Mahmoud Bassiouny (Regional Managing Partner and Group Head of Finance & Projects) and assisted by Iman Nassar (Senior Associate).
For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/
For further press-related inquiries please contact Sara Afifi (sara.afifi@matoukbassiouny.com).