United Bank Contributes EGP 600m to Syndicated Loan Worth EGP 6.2bn for Mountain View Project - Dailynewsegypt

United Bank contributes EGP 600m to syndicated loan worth EGP 6.2bn for Mountain View project - Dailynewsegypt

United Bank has participated with EGP 600m in a syndicated long-term loan worth EGP 6.2bn, arranged by a consortium of six banks led by Banque Misr, to finance part of the Mountain View 1.1 project’s EGP 14.4bn investment cost. The facility has a maximum tenor of seven years. CEO Ashraf El Kady said the bank’s participation reflects its commitment to supporting the state’s development strategy and contributing to sustainable, integrated infrastr…

Baker McKenzie Cairo Legal Counsel to Banque Misr S.A.E. on EGP 6.2 Billion Syndicated Loan to Mountain View for Development and Real Estate Investment

Baker McKenzie Cairo has acted as legal counsel to a consortium led by Banque Misr S.A.E., which served as the financing agent, security agent, and account bank, in connection with a syndicated long-term loan facility amounting to EGP 6.2 billion. The facility was extended to Mountain View for Development and Real Estate Investment to support the financing of its flagship real estate project, “Mountain View 1.1”, which marks a new step in enabli…