ADSERO Assists TE Secure USD 125 MN Financing Loan from Mashreq Bank

We are pleased to announce that we assisted Telecom Egypt (TE) in securing a USD 125 MN financing loan from Mashreq Bank for the purpose of obtaining a license for acquiring 5MHz spectrum in the 1800 MHz band.

The deal was led by Hossam Gramon, Partner and Head of Banking, Finance & Projects.

For more information, you can check TE’s press release here.