13th of March, 2015
Sharkawy & Sarhan Advises EBRD on its Loan to the National Bank of Egypt
Keywords: Financial Institutions, Banking & Finance
Sharkawy & Sarhan advised the European Bank for Reconstruction and Development (“EBRD”) on three loan agreements with the National Bank of Egypt (“NBE”).
The financing package was up to USD 80 million.
The facilities included:
(i) a senior loan of up to USD 30 million for on-lending to private small and medium-sized enterprises (“SMEs”);
(ii) a USD 20 million pilot Women–in-Business facility to support women-led SMEs; and
(iii) a facility of up to USD 30 million for on-lending to private sub-borrowers for energy efficiency and renewable energy projects.
Sharkawy & Sarhan’s team on this transaction included Partner Karim Sarhan, and Senior Associate Lobna Emad.
The financing package was up to USD 80 million.
The facilities included:
(i) a senior loan of up to USD 30 million for on-lending to private small and medium-sized enterprises (“SMEs”);
(ii) a USD 20 million pilot Women–in-Business facility to support women-led SMEs; and
(iii) a facility of up to USD 30 million for on-lending to private sub-borrowers for energy efficiency and renewable energy projects.
Sharkawy & Sarhan’s team on this transaction included Partner Karim Sarhan, and Senior Associate Lobna Emad.
Sharkawy & Sarhan Advises EBRD on its Loan to the National Bank of Egypt
13 March, 2015
Keywords: Financial Institutions, Banking & Finance
Sharkawy & Sarhan advised the European Bank for Reconstruction and Development (“EBRD”) on three loan agreements with the National Bank of Egypt (“NBE”).
The financing package was up to USD 80 million.
The facilities included:
(i) a senior loan of up to USD 30 million for on-lending to private small and medium-sized enterprises (“SMEs”);
(ii) a USD 20 million pilot Women–in-Business facility to support women-led SMEs; and
(iii) a facility of up to USD 30 million for on-lending to private sub-borrowers for energy efficiency and renewable energy projects.
Sharkawy & Sarhan’s team on this transaction included Partner Karim Sarhan, and Senior Associate Lobna Emad.
The financing package was up to USD 80 million.
The facilities included:
(i) a senior loan of up to USD 30 million for on-lending to private small and medium-sized enterprises (“SMEs”);
(ii) a USD 20 million pilot Women–in-Business facility to support women-led SMEs; and
(iii) a facility of up to USD 30 million for on-lending to private sub-borrowers for energy efficiency and renewable energy projects.
Sharkawy & Sarhan’s team on this transaction included Partner Karim Sarhan, and Senior Associate Lobna Emad.
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