MBH Advises National Bank of Egypt and Lenders on EGP 5 Billion Loan to Drive Finance

"Matouk Bassiouny & Hennawy (MBH) advised the National Bank of Egypt (NBE) on a syndicated loan facility of up to EGP 5 billion to Drive Finance, a non‑banking financial institution. The lending syndicate included Commercial International Bank (CIB Egypt), Arab African International Bank (AAIB), Banque du Caire, Emirates NBD Egypt and HD Bank."

Matouk Bassiouny & Hennawy (MBH) advised the National Bank of Egypt (NBE) in connection with a syndicated loan to Drive Finance, a non‑banking financial institution (NBFI). The transaction comprises a syndicated facility with an aggregate amount of up to EGP 5 billion. In connection with the transaction, NBE led a syndication of banks, which included Commercial International Bank (CIB Egypt), Arab African International Bank (AAIB), Banque du Caire, Emirates NBD Egypt and HD Bank. Matouk Bassiouny & Hennawy represented the National Bank of Egypt (NBE) with a team composed by: Regional managing partner and group head of finance & projects Mahmoud S. Bassiouny; senior associate Iman Nassar; and associate Myriam Fahmy.

MBH Advises National Bank of Egypt and Lenders on EGP 5 Billion Loan to Drive Finance

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