Sky Investments’ Multi-Tranche and Multi-Currency Medium-term Financing

Matouk Bassiouny & Hennawy acted as the legal counsel to Sky Investments on the deal.

Sky Investments for the Ownership and Management of Projects SAE, as the ultimate shareholder of Proger Egypt for Engineering and Management S.A.E, in connection with a multi-tranche and multi-currency medium-term financing of USD 76,5 million and EGP 542 million granted by the Arab Investment Bank SAE as Initial Mandated Lead Arranger and Facility Agent and Arab African International Bank SAE as Initial Mandated Lead Arranger to finance the construction of the new headquarter of Petrobel – Belayim Petroleum Company in Egypt.

The MBH team was led by Partner Ashraf Hendi (Picture) and included Iman Nassar (Associate).

Involved fees earner: Ashraf Hendi – Matouk Bassiouny; Iman Nassar – Matouk Bassiouny;

Law Firms: Matouk Bassiouny;

Clients: Sky Investments;