MBH with EBRD on financing to ACC
Matouk Bassiouny & Hennawy (MBH) advised the European Bank for Reconstruction and Development (EBRD) on a financing package of up to EUR 25 million extended to cement producer Arabian Cement Company (ACC).
The financing package in question aims to reduce carbon-intensive production and advance ACC’s decarbonization initiatives, targeting annual CO₂ emission reductions of around 130,000 tonnes.
The MBH team
Partner and head of aviation Sherif El Hosseny (pictured) led the MBH team advising on the transaction, working with associate Habiba Gamaleldin.