24th of January 2023
S&S acted as Egyptian legal adviser to the EBRD in respect of their recent transaction with Angel Yeast Egypt, a global yeast extract manufacturer, which supports Egypt’s efforts in attracting much-needed foreign direct investment (FDI) to the agribusiness sector
Keywords: Banking & Finance, Financial Institutions
We are delighted and privileged to announce that we acted as Egyptian legal adviser to the EBRD in respect of their recent transaction with Angel Yeast Egypt, a global yeast extract manufacturer, which supports Egypt’s efforts in attracting much-needed foreign direct investment (FDI) to the agribusiness sector.
This important project involved a USD 40 million loan granted by the EBRD to Angel Yeast Egypt. The purpose of the financing is to increase production of exported yeast and enhance purchases of local raw materials given that Angel Yeast Egypt is already working with local suppliers of molasses, a by-product of the sugar industry.
This transaction aims to promote an environmental value chain by processing 81,000 tons of excess sugar beet and cane molasses into high-value food products (yeast and yeast extract), as well as organic fertilizers yearly.
Our team, led by Banking & Finance Partner, Ahmed Hagggag closely supported by Associate Raghda El Qabbage had the pleasure to work with our friends at EBRD and Hunton Andrews Kurth LLP on this significant project.
Well done to all involved!
We are delighted and privileged to announce that we acted as Egyptian legal adviser to the EBRD in respect of their recent transaction with Angel Yeast Egypt, a global yeast extract manufacturer, which supports Egypt’s efforts in attracting much-needed foreign direct investment (FDI) to the agribusiness sector.
This important project involved a USD 40 million loan granted by the EBRD to Angel Yeast Egypt. The purpose of the financing is to increase production of exported yeast and enhance purchases of local raw materials given that Angel Yeast Egypt is already working with local suppliers of molasses, a by-product of the sugar industry.
This transaction aims to promote an environmental value chain by processing 81,000 tons of excess sugar beet and cane molasses into high-value food products (yeast and yeast extract), as well as organic fertilizers yearly.
Our team, led by Banking & Finance Partner, Ahmed Hagggag closely supported by Associate Raghda El Qabbage had the pleasure to work with our friends at EBRD and Hunton Andrews Kurth LLP on this significant project.
Well done to all involved!
S&S acted as Egyptian legal adviser to the EBRD in respect of their recent transaction with Angel Yeast Egypt, a global yeast extract manufacturer, which supports Egypt’s efforts in attracting much-needed foreign direct investment (FDI) to the agribusiness sector
24th of January 2023
Keywords: Banking & Finance, Financial Institutions
We are delighted and privileged to announce that we acted as Egyptian legal adviser to the EBRD in respect of their recent transaction with Angel Yeast Egypt, a global yeast extract manufacturer, which supports Egypt’s efforts in attracting much-needed foreign direct investment (FDI) to the agribusiness sector.
This important project involved a USD 40 million loan granted by the EBRD to Angel Yeast Egypt. The purpose of the financing is to increase production of exported yeast and enhance purchases of local raw materials given that Angel Yeast Egypt is already working with local suppliers of molasses, a by-product of the sugar industry.
This transaction aims to promote an environmental value chain by processing 81,000 tons of excess sugar beet and cane molasses into high-value food products (yeast and yeast extract), as well as organic fertilizers yearly.
Our team, led by Banking & Finance Partner, Ahmed Hagggag closely supported by Associate Raghda El Qabbage had the pleasure to work with our friends at EBRD and Hunton Andrews Kurth LLP on this significant project.
Well done to all involved!
We are delighted and privileged to announce that we acted as Egyptian legal adviser to the EBRD in respect of their recent transaction with Angel Yeast Egypt, a global yeast extract manufacturer, which supports Egypt’s efforts in attracting much-needed foreign direct investment (FDI) to the agribusiness sector.
This important project involved a USD 40 million loan granted by the EBRD to Angel Yeast Egypt. The purpose of the financing is to increase production of exported yeast and enhance purchases of local raw materials given that Angel Yeast Egypt is already working with local suppliers of molasses, a by-product of the sugar industry.
This transaction aims to promote an environmental value chain by processing 81,000 tons of excess sugar beet and cane molasses into high-value food products (yeast and yeast extract), as well as organic fertilizers yearly.
Our team, led by Banking & Finance Partner, Ahmed Hagggag closely supported by Associate Raghda El Qabbage had the pleasure to work with our friends at EBRD and Hunton Andrews Kurth LLP on this significant project.
Well done to all involved!
