{"id":45756,"date":"2024-11-21T13:35:23","date_gmt":"2024-11-21T13:35:23","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=45756"},"modified":"2024-11-25T13:35:47","modified_gmt":"2024-11-25T13:35:47","slug":"mbh-advises-a-syndication-of-prominent-banks-on-an-egp-4-35-billion-syndicated-loan-to-saudi-egyptian-developers","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/mbh-advises-a-syndication-of-prominent-banks-on-an-egp-4-35-billion-syndicated-loan-to-saudi-egyptian-developers\/","title":{"rendered":"MBH advises a syndication of prominent banks on an EGP 4.35 billion syndicated loan to Saudi Egyptian Developers"},"content":{"rendered":"<p><strong>We are pleased to announce that Matouk Bassiouny &amp; Hennawy (\u201cMBH\u201d) acted as the legal counsel to syndication of prominent banks in connection with an EGP 4,350,000,000 syndicated medium-term financing granted by a collaboration of top financial institutions,<\/strong><!--more--><span style=\"font-size: 1rem\">including First Abu Dhabi Bank Misr (\u201cFABMisr\u201d), Emirates NBD Egypt, Abu Dhabi Commercial Bank \u2013 Egypt (\u201cADCB\u201d), Arab Bank Egypt, Housing and Development Bank, Egyptian Gulf Bank (\u201cEG Bank\u201d), MIDBANK, and Al Baraka Bank Egypt to the Saudi Egyptian Developers (\u201cSED\u201d).<\/span><\/p>\n<p>This financing will support SED\u2019s ambitious real estate development projects across Egypt, reinforcing its position in the market. The successful closing of this financing underscores the continued confidence in Egypt\u2019s real estate sector and the strength of collaborative efforts among major banking institutions.<\/p>\n<p>The team advising on the matter was led by Mahmoud Bassiouny (Regional Managing Partner \u2013 Group Head of Projects and Finance) and Iman Nassar (Senior Associate).<\/p>\n<p>For more about Matouk Bassiouny, please check out our website at https:\/\/matoukbassiouny.com\/<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-45756","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/45756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=45756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}