Dentons Advises Lenders on Landmark US$160 Million Financing for Capital Bank of Jordan

Dentons advised a consortium of lenders — including the European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development, the Arab Fund for Economic and Social Development, SANAD Fund for MSME acting in respect of SANAD Fund for MSME - Debt Sub‑Fund, and the Green for Growth Fund S.A., SICAV‑SIF — on a US$160 million unsecured term loan facility provided to Capital Bank of Jordan PLC, one of Jordan’s leading financial institutions. Dentons acted for the lender group on all aspects of this milestone financing. The 10‑year facility will bolster Capital Bank’s Tier II capital base and expand its capacity to finance micro, small and medium‑sized enterprises (MSMEs) across Jordan. A portion of the funding is earmarked for green sub‑projects, supporting Jordan’s sustainable development priorities and aligning with the Central Bank of Jordan’s Green Strategy for the financial sector. The transaction marks several significant firsts for the Jordanian financial sector: it is the largest debt mobilisation ever arranged in the country’s financial industry; the largest Basel III‑compliant subordinated loan extended to a Jordanian financial institution; and the first EBRD A/B loan implemented in Jordan to a financial institution. Dentons represented the lender group including the EBRD, the OPEC Fund for International Development, the Arab Fund for Economic and Social Development, SANAD Fund for MSME (Debt Sub‑Fund) and Green for Growth Fund S.A., SICAV‑SIF, with a team composed by: Tamsyn Mileham (Partner and Co‑Head of Financial Institutions in Europe, Istanbul), Surbhi Malhotra‑Trenkel (Counsel, Munich) and Lara Battal (Trainee Solicitor).

Dentons Advises Lenders on Landmark US$160 Million Financing for Capital Bank of Jordan

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