We advised a syndication of eight lenders on the signing of an EGP 8 billion financing facility granted to Orange Egypt, led by CIB Egypt, with the participation of Banque Misr, ALEXBANK, National Bank of Egypt (NBE), Attijariwafa bank Egypt, Crédit Agricole Egypt, Emirates NBD Egypt, and HSBC Egypt. The facility is intended to support Orange Egypt’s operational requirements and strategic growth objectives in the Egyptian market.

The transaction highlights the capacity of leading Egyptian banks to support large-scale financing in the telecommunications and digital infrastructure sector.

Our team was led by Hossam Gramon, Partner - Head of Banking and Project Finance, and Karima Serry Seyam, Senior Associate, assisted by Junior Associates Malak Zaki, Mostafa Khaled Serry, and Nour Osama.

We are pleased to have worked alongside our colleagues at CIB Egypt, including Karim El-Rimaly, Banking Officer, Sherif Osman, Project Finance and Syndication Senior Office Debt Capital Markets, and Hana Fawzy, Project Finance & Syndication Officer, as well as representatives of the other participating lenders.

For more information, check Masrawy’s coverage here.