{"id":46676,"date":"2025-01-13T13:52:11","date_gmt":"2025-01-13T13:52:11","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=46676"},"modified":"2025-01-13T13:52:11","modified_gmt":"2025-01-13T13:52:11","slug":"mbh-advises-mafi-on-a-long-term-syndicated-loan-of-up-to-usd-108-million","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/mbh-advises-mafi-on-a-long-term-syndicated-loan-of-up-to-usd-108-million\/","title":{"rendered":"MBH advises MAFI on a long-term syndicated loan of up to USD 108 million"},"content":{"rendered":"<p>We are pleased to announce that Matouk Bassiouny &#038; Hennawy (\u201cMBH\u201d) acted as legal counsel to MAFI for Agricultural Produce Industries (\u201cMAFI\u201d) (the \u201cProject Company\u201d) in connection with a long-term syndicated loan of up to USD 108 million, provided by Banque Misr, Al Baraka Bank, and the Suez Canal Bank (the \u201cLenders\u201d), to support the development of MAFI&#8217;s agri-food operations.<\/p>\n<p><!--more--><\/p>\n<p>The project aims to establish, build, and operate a factory complex in Sadat City to produce fruit and vegetable concentrates and frozen products. This endeavor will enhance the localization of Egypt&#8217;s agricultural industry by adopting advanced technologies and creating added value for national products. It is planned that 100% of the project\u2019s production will be exported to global markets, particularly Europe, the United States, Gulf countries, and Japan.<\/p>\n<p>The MBH team advising on the project was led by Mahmoud S. Bassiouny (Regional Managing Partner and Group Head of Finance &#038; Projects) and included Iman Nassar (Senior Associate).<\/p>\n<p>For more information about Matouk Bassiouny, visit <a href=\"http:\/\/www.matoukbassiouny.com\">www.matoukbassiouny.com<\/a><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-46676","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/46676","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=46676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}