IFLR1000

Suez Steel Company E£3.5 billion financing for steel complex

1/12/2016
Project finance
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E£ 3.5 billion

$ 193.907 million

Completed

1/12/2016

Overview:

  • The Suez Steel Company has secured a E£3.5 billion loan facility from a syndicate of banks for the construction of a steel complex in the Suez region.
  • The syndicate was led by the Arab African International Bank.

Jon Moore - Journalist

Jurisdiction:

Egypt

Deal type:

Project finance

Practice area:

Project finance

Governing law:

Egypt

Industry sector:

Industrials and manufacturing

Firms:
Matouk Bassiouny

Party: Suez Steel Company (Borrower)

Lawyer: Mahmoud Bassiouny

Zulficar & Partners

Party: Arab African International Bank (Lender)

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