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ADSERO Acts as Local Counsel to NBE and AAIB in Signing a EGP 1.8 BN Financing Loan to Hassan Allam Properties for the Development of Swan Lake West

 

ADSERO - Ragy Soliman & Partners is proud to announce that we represented the National Bank of Egypt and Arab African International Bank in successfully signing an EGP 1.8 billion financing loan to Hassan Allam Properties (HAP) for the development of Swan Lake West (SLW).

The financing is set to accelerate construction at SLW, which will house around 550 units over 173 feddans.  

Our team was led by Hossam GramonPartner and Head of Banking & Finance and Projects practice areaKarima Seyam, Managing Associate, Aya Badr, Associate and Yosr Allam, Junior Associate.

We had the pleasure to work alongside our colleagues at Matouk Bassiouny & Hennawy, acting as legal advisor for HAP. 

For more information, you can check Enterprise’s coverage here.

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