We advised Banque Misr, in its capacity as initial mandated lead arranger and facility agent, and SAIB and Abu Dhabi Commercial Bank - Egypt (ADCB), in their capacities as principal arrangers and lenders, on a long-term syndicated facility of EGP 2.917 billion and USD 35.366 million extended to Andalusia October Hospital for the construction and equipping of a fully integrated hospital in 6th of October City, under the umbrella of Andalusia Egypt.

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

We had the pleasure of working alongside our colleagues Mahmoud Abdallah, Amr Hany, and Dina Atta from Banque Misr on this transaction.

We congratulate our clients, Banque Misr, SAIB, and ADCB Egypt on the successful closing of this transaction, and extend our best wishes to Andalusia Egypt on this significant milestone in their long-term growth programme in Egypt.

For more information, check out BM’s coverage here.

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