Practice Area

Practice Areas

Practice Areas

Banking and Finance

Our banking and finance team advises banks and financial institutions on a variety of transactions including drafting and negotiating ...

Our banking and finance team advises banks and financial institutions on a variety of transactions including drafting and negotiating different types of facility agreements.
Our services also include advice to borrowers on various aspects of finance as well as debt restructuring and rescheduling. Our islamic finance team was part of the winning deals team for the IFN Awards 2017.

The following are a selection of our Banking and Finance transactions :
• Acting for PrimeSouth International on a USD 290 million project finance for the rehabilitation of Al Doura Thermal Power Plant in Iraq.
• Acting for Al Marasem Real Estate Development Company on the syndicated Musharakah deal in the Egyptian market for raising USD200 million co-arranged by Banque Misr and ADIB-Egypt.
• Acting for Al Marasem Real Estate Development Company on the first syndicated Musharakah deal in the Egyptian market for raising US$50.78 million co-arranged by Banque Misr and ADIB-Egypt. The deal is the first Islamic finance transaction for an Egyptian real estate developer.
• Acting for Al Marasem Real Estate Development Company on a Mudarabah transaction for raising US$53 million coarranged by Banque Misr and ADIB-Egypt.
• Acting for a group of syndicated banks in relation to drafting and negotiating a senior syndicated long-term financing agreement up to LE 630,000,000.00 in connection with the construction, supply of machinery and equipment for Smouha Hospital located in Alexandria.
• Part of a team advising Cheiron Finance limited on an up to USD 350,000,000.00 senior secured borrowing base facility with HSBC Bank Egypt SAE, HSBC Bank Plc and Natixis Bank, acting as structuring mandated lead arrangers.
• Advising Arab African International Bank S.A.E on a revolving and medium term credit facility agreement for LE 300,000,000.00 granted to Arab Company for Projects & Urban Development S.A.E
• Advising Arab African International Bank S.A.E on a long term facility agreement for USD 25,000,000.00 granted to Arab Investment Company S.A.E
• Advising Primesouth LLC, a South Carolina entity, on a revolving and medium term credit facility agreement for USD 30,000,000.00 granted by Fransabank SAL Lebanon; and
• Acting for Torsina Suez Petroleum Limited, a subsidiary of Cheiron Holdings, as borrower on US$18,000,000.00 and LE 300,000,000.00 revolving loan facility agreements with the Arab African International Bank.