The legal team on Mountain View’s syndicated facility agreement
Egyptian real estate developer Mountain View has signed a syndicated facility agreement valued at EGP 6.2 billion with a consortium of Egyptian banks. In connection with the deal, Mountain View’s legal counsels Farah El Nahas (pictured right) and Mohamed Atef (pictured left) led the legal framework.
The consortium
The consortium of participating banks featured Banque Misr, QNB ALAhli, EG Bank, Al Baraka Bank, Industrial Development Bank (IDB), The United Bank. Under coordinated terms, the financial institutions will jointly provide the funding.