MBH with Banque Misr on Hyde Park Developments financing
Matouk Bassiouny & Hennawy (MBH) advised Banque Misr on its EGP 2.6 billion medium-term financing to Hyde Park Developments.
The context
The financing aims at covering part of the estimated investment cost for the establishment and development of the Hyde Park North Coast project, located along Egypt’s western North Coast.
The project in question is envisioned as a mixed-use development across an expansive area of 240 acres, encompassing residential, commercial, and hospitality units, along with leisure facilities and touristic elements.
The MBH team
Regional managing partner and group head of finance & projects Mahmoud S. Bassiouny (pictured) led the MBH team on the matter, working alongside senior associate Iman Nassar and associate Habiba El Naggar.
