IFLR1000

Palm Hills $74 million financing

10/12/2018
Financing
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E£ 1.24 billion

$ 74.812 million

Announced

10/12/2018

Overview:

  • Palm Hills for Development was granted a E£1.2 billion syndicate financing from the National Bank of Egypt and the National Bank of Abu Dhabi.

Laura Mendes - Researcher 

Jurisdiction:

Egypt

Deal type:

Financing

Practice area:

Banking

Governing law:

Egypt

Industry sector:

Real estate

Firm:
Ibrachy Legal Consultancy

Party: National Bank of Egypt S.A.E (Lender)

Party: National Bank of Abu Dhabi (Lender)

Lawyer: Ashraf Elibrachy

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