Mahmoud_ S. Bassiouny

Matouk Bassiouny & Hennawy Advises MAFI on USD 108 Million Loan

Matouk Bassiouny & Hennawy (MBH) assisted MAFI for Agricultural Produce Industries (MAFI) in connection with a long-term syndicated loan of up to USD 108 million, arranged by Banque Misr, Al Baraka Bank, and the Suez Canal Bank. The loan will finance the development of a factory complex in Sadat City, focused on producing fruit and vegetable concentrates as well as frozen products.

The project is designed to enhance Egypt’s agricultural sector by adopting advanced technologies and adding value to local produce. It is intended that all of the factory’s output will be exported to international markets, including Europe, the United States, Gulf countries, and Japan.

The Team

The MBH team advising MAFI was led by Mahmoud S. Bassiouny, Regional Managing Partner and Group Head of Finance & Projects, with the support of Iman Nassar, Senior Associate.

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