Home MoneyBanks Banque Misr-led banking consortium arranges EGP 1.26 bn loan for Cairo 3A

Banque Misr-led banking consortium arranges EGP 1.26 bn loan for Cairo 3A

by mohamed Hamdy

Cairo 3A Poultry has secured a 1.255 billion Egyptian pounds syndicated long-term loan from a banking consortium led by Banque Misr to establish and operate 23 poultry farms in Giza.

The consortium also includes Banque du Caire and QNB Al Ahli with Banque Misr  as main arranger, underwriter and bookrunner, and guarantee agent

Advisors: Zaki Hashem and Partners acted as legal counsel to the banks, and Al Tamimi and Company provided legal advice to Cairo 3A.

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