Selected Transactions
By Sector

Selected Transactions

Client

Transaction Description

Value

 

Banking & Finance

 

Commercial International Bank
(CIB) , Banque Misr & other banks

Representing Lenders in relation to the USD 328 MIO USD for EGYPT HYDROCARBON CORPORATION S.A.E "EHC" to fund part of the investment cost of the construction of an ammonium nitrate plant. In 2011 the “Euromoney” Project Finance Magazine announced this deal to the African Petrochemicals “Deal of the Year for 2010 “.

328 Million USD

National Bank of Egypt ( and Banque Misr, Arab African International Bank , CIB & Banque du Caire

Syndicated long-term multi-currency facility agreement between the banks and other participating lenders to Egyptian Chemical Industries Co. S.A.E (KIMA) to partially finance the construction and establishment of a new plant of nitrogen fertilizer (project I) and the rehabilitation of the KIMA's existing plant (project II)

423.2 Million USD

Etisalat S.A.E

Syndicated long-term facility agreement to Etisalat (EGP 7.2 Billion) to refinancing existing facilities and funding the borrower’s business and network build-up

7.2 Billion EGP

Banque Misr, NBE, Banque du Cairo & other banks

Syndicated long-term loan facility agreement to El Nahda for Industries S.A.E to partially finance the investment cost of the establishment & operation of a cement company

1.2 Billion EGP

Commercial International Bank CIB
Banque Misr & other banks

Syndicated long-term facility agreement in relation to the EGP 1,068 Billion loan granted to Saudi Bin Ladin Group Co. to finance the expansion of the contract of new Hurghada International Airport

1.068 Billion EGP

Ahli United Bank

Medium Term Loan Agreement to Saudi Egyptian Touristic Development Co. to finance the existing facilities and the renovations of Hotel “Grand Hyatt” Garden City

125 Million USD

Arab African International Bank & other banks

Syndicated Medium Term Facility agreement of up to EGP 600 Million for Contact Company

600 Million EGP

HSBC

A bridge Loan Facility agreement to “Al Futtaim Commercial & Administrative Centers Co. to finance part of the investment cost for the establishment of a “Al Futtaim” Mall

400 Million EGP

Arab African International Bank & Arab Bank & AIB

Club deal to Bio Generic Pharma Co. to partially finance the investment cost and operation of a plant for the production of biopharmaceutical company

130 Million EGP

NSGB & NBE Bank

Syndicated Facility Agreement for Egypt Anode Co. S.A.E. to partially finance the construction and ownership of a Plant for the production of carbon anode

62 Million USD

Arab African International Bank (AAIB)

Syndicated Bridge Loan Agreement between Agrium as Borrowers Arab African international Bank as the Mandated Lead Arranger, and other lenders.

120 Million USD

Arab African International Bank (AAIB)

Syndicated Medium Term Loan Agreement between Talaat Mostafa Group for Real Estate & Tourism Investment S.A.E and AAIB as the Mandated Lead Arranger, and other Lenders. The Firm acted as the Legal Counsel to the Borrower.

1 Billion EGP

Arab African International Bank (AAIB)

Syndicated Medium Term Loan Agreement between Alexandria Company for Real Estate Investment S.A.E and AAIB as the Mandated Lead Arranger, and other Lenders. The Firm acted as the Legal Counsel to the Borrower and Lenders.

 1 Billion EGP

Export Development Bank of Egypt (EDBE)

Syndicated Medium Term Facility Agreement between Orascom Hotels & Development Company S.A.E as the Borrower and the Arab African International Bank as the Facility Agent, and EDBE as the Mandated Lead Arranger and other lenders.

60 Million USD

Export Development Bank of Egypt (EDBE)

A Medium Term Loan Agreement between Alexandria Company for Glass Products S.A.E and EDBE.

27.8 Million USD

CIB

EGP 2 Billion Syndicated Medium Term Loan Facility Agreement to Finance Investment Cost of construction of a retail Center.

2 Billion EGP

Banque Misr

A USD 70M MT loan to Bawabat El Kuwait, which is a Kuwaiti company, for financing the increase of its current participation in an Egyptian company.

70 Million USD

Banque Misr

Multicurrency USD 1.05 Billion Syndicated Facility Package for Egyptian Nitrogen products Company for the construction of Two Trains Ammonia/Urea Fertilizers Plant.

1.05 Billion USD

Banque Misr

EGP 1.2 billion Syndicated Facility Agreement to Al Nahda Company for Industries to finance the construction of a 5,500 ton/day clicker production line.

1.2 Billion EGP

Etisalat Misr

Sarie-Eldin & Partners acted as legal counsel to Etisalat Misr in relation to the syndicated facility of up to EGP 6 Billion, granted to Etisalat Misr by a syndicate of banks, including National Bank of Egypt, Commercial International Bank (Egypt), Banque Misr, acting as Initial Mandated Lead Arrangers, and a number of other banks. Sarie-Eldin & Partners was in charge of the drafting and negotiation of the facility agreement. (2016)

6 Billion EGP

Etisalat Misr

Sarie-Eldin & Partners acting as legal counsel to Etisalat Misr in relation to the syndicated facility of up to US$ 300 Million, granted to Etisalat Misr by NATIONAL BANK OF ABU DHABI PJSC, acting as Arranger. (2016)

300 Million USD

 

Capital Markets and Mergers & Acquisitions

 

Bisco Misr

Advising the majority shareholders on their sale of their stake in Bisco Misr to the Kellogg’s Company, the world’s leading cereal company. The selling majority shareholders included the Concord Egypt Fund and the Commercial International Bank (EGX: COMI), for a total transaction value of USD 125 million.

125 Milion USD

EFG Hermes

Legal Services in respect to Egypt’s EFG Hermes on its USD 250 million asset sale to Qatari Q Invest

250 Million USD

HC Securities & Investments

Acquisition of 60% of the share capital of Economic Group Company for Brokerage S.A.E by HC Securities & Investment

 

El Malika Food Industries

Legal Services in respect to the Sale of Founding Partners’ stocks of both companies, the Ferasha Food Industries and El Malika for Food Industries to “Savola” Saudian Food Co.

150 Million USD

Orascom Hotel & Development S.A.E

Legal services in connection with the capital increase of Orascom Development Holding A.G ( the Issuer) by way of the rights issue to existing shareholders( the rights issue) and issuance of new Egyptian depository receipts(EDRS) equivalent to the underlying newly offered shares( Transaction)

120 Million USD

Al-Tawfeek Securitization Company S.A.E

Legal services in relation to (i) registration of the newly issued mortgage backed securities( the securities) by Al Tawfeek securitization company S.A.E (the company) with Misr for Clearing , settlement and central depository ( MCDR) AND(II) the listing of securities on the Egyptian Exchange (EGX) (collectively the Transaction)

120 Million USD

OCI N.V.

Acting as the Egyptian Legal Advisor for “ OCI N.V” on its USD 9 Billion Exchange offer for “Orascom Construction Industries S.A.E”.

 9 Billion USD

Mercury Caymen Holding

Advising the selling shareholders of Amoun Pharmaceuticals S.A.E on a mandatory tender offer under Chapter XII of the Executive Regulations of the Capital Market Law.

 

Momen Group

Legal services in connection with the (I) the repurchase of 4.524% of the total share capital of Mo'men Group (MG) BY Mo'men Family from Asfour crystal FZCO (hereinafter referred to as the " sale of MG shares), (ii) setting up a joint venture between Mo'men group and Al-Atya Trading company in the UAE to carry out the activity of distribution and trading inside the UAE market (hereinafter referred to as the UAE project ) and (iii) the contemplated joint venture (Mo'men Asia) between MG and its current Malaysian franchisee upon terminating the existing franchise agreement (hereinafter referred to as Malaysia project)

 

Bechtel Corp.

Legal Services in connection with the contemplated sale of 40% stake in the Power Generation Engineering and Services Co. (PGESCO) the target by a potential purchaser (the transaction)

 

Corporate Leasing Co. Egypt

Legal Services in connection with the pooling of debt instruments owned by Corp Lease and transferring them to the Egyptian Securitization Co. in order to release the originator’s 4th issue of lease backed securities

 

Concord

Sale of 100 % of the share capital of Al Borg Laboratory to Abraaj Capital.

1 Billion EGP

HC Securities & Investments

Acquisition of 60% of the share capital of Economic Group Company for Brokerage S.A.E by HC Securities & Investment

24 Million EGP

Ministry of Investment

Concession Agreement by which the Ministry of Transportation granted the concession to build, manage, operate and maintain the Upper Egypt Red Sea Road to the Ministry of Investment, to be executed by El Nasr Contracting Company S.A.E.

1.5 Billion EGP

Pioneers Holding

Private Placement and listing of Pioneers Holding Company S.A.E on the Egyptian Stock Exchange.

884 Million EGP

Prime Holding

Acquisition of 88.3%  of the share capital of National Company for Glass & Crystal S.A.E by Prime Industrial Holding, an SPV established by Prime Holding and other Co-Investors.

192 Million EGP

CI Capital

Establishment  of close-end SME Industrial Fund with a capital commitment of EGP 250 Million.

250 Million EGP

Misr Asset Management

Establishment of close-end Fund with EGP 1Billion commitment.

1 Billion EGP

Al-Tawfeek Leasing Company Egypt S.A.E.

The selling of 570 EGP Egyptian Islamic lease securities, the first in Egypt to be split into separate transaction in a private placement offering.

576 Million EGP

Orascom Telecom Holding (OHD)

Advising the company on its biggest rights issue including the offering of new shares and GDRs.

404 Billion EGP

Orascom (EDR)

Leading Egyptian Capital Market team of Sarie-Eldin & Partners has recently advised Orascom Development Holding AG (the “Company”) as an issuer in its US$200 million capital increase through a public offering to its existing shareholders.

200 Million USD

Miraco Carrier Corporation

Sale of 11.73% of the share capital of Misr Refrigeration and Air Conditioning Company SAE (“Miraco”) to China African Fund.

 

Miraco Carrier Corporation

Sale of 32.5% of the share capital of the Company held by Carrier Corporation (Carrier) to Midea Holding B.V.

 

MB Engineering

Advising MB Engineering SAE on its initial public offering on the Nile Exchange, and subsequent capital increase. (2016)

 

Union Capital

Advising Union Capital on its sale of its shares in Sinai Cement. (2016)

 

Suez Canal Authority

Advising the Suez Canal Authority on the repurchase of concession rights in the Port Said zone. (2016)

 

Commercial International Bank

Advising Commercial International Bank on its contemplated sale of CI Capital. (2016)

 

Piel Color

Advising the majority shareholder of Piel Color on the purchase of the minority stake in the company. (2016)

 

Pirelli Group

Advising Pirelli SPA in relation to restructuring its operations in Egypt. (2016)

 

Metlife Alico

Advising Metlife Alico in relation to changes in capital structure. (2016)

 

Miraco Carrier Corporation

Advising Miraco Carrier on profit distribution issues. (2016)

 
 

Communication, Media & Technologies

 

Triocean Energy

Acquisition by Triocean Energy, a subsidiary of EK Holding, of the entire interests held by Thani Corporation L.L.C. in Petrodar, Sudan.

334 Million USD

Triocean Energy

Syndicated Medium Term Loan Agreement between Triocean Energy, a subsidiary of EK Holding, and CIB Egypt as the Lead Arranger, and other lenders.

150 Million USD

 

General Trade & Commercial Agencies

 

Oriental Weavers

Legal Services to Egyptian Propylene & Polypropylene S.A.E (the borrower) in relation to the USD 450,000,000 long term syndicated facility agreement (the ltfa) executed with CIB, National Bank of Egypt, Banque Misr and National Societe Generale Bank and the USD 110,000,000 Syndicated working capital facility agreement to finance the construction of an integrated complex for the production of Propylene & Polypropylene Co.

450 Million USD

Universal Group

Legal Services to the Universal Group in respect to the restructuring of the company

 

Egypt Foods

Legal Advice on internal and external legal matters including labor law, contracts with distributors and licenses

 

Grohe Free Zone

Legal Advice on labor law issues and contracts

 

Al - Futtaim

Development Project Agreement for Cairo Festival City, (the total area of the Project's land is 668, 79 acres).

622 Million EGP

 

Competition Law

 

Emans Co. for Food Industries

Provide legal services on the study conducted by the Egyptian Competition Authority on natural localities extracted from the maize

 

Cairo Poultry Company

Provide legal services on the study conducted by the Egyptian Competition Authority in the poultry market

 

Union for Leather Co.

Provide legal services on the study conducted by the Egyptian Competition Authority in the leather market

 
 

Health Insurance, Infrastructure and Investment & Private Equity

 

El Bareeq Hospital

The Firm was representing the investor in the only PPP approved project in the year 2012 to build and operate two hospitals and a blood bank for the University of Alexandria.

 

Abraaj Capital

Sale of 100% of the share capital of Abraaj Egypt Ltd. & Abraaj SPV 26 Ltd. (collectively own a 24.62% of the share capital of EFG- Hermes Holding) by Abraaj Capital to Dubai Holding.

1.1 Billion USD

Abraaj Capital

Sale of 100% of the share capital of Egyptian Fertilizer Company S.A.E (held by an investment vehicle of Abraaj Capital) to Orascom Construction Industries S.A.E.

1.59 Billion USD

Mediterranean Smart Cards Company

Sale of 100% of the share capital of the Mediterranean Smart Cards Company owned by major international and local financial and IT institutions to Actis.

30 Million USD

 

Manufacturing

 

Amoun Pharmaceutical

Debt Assignment to Amoun Pharmaceutical Company S.A.E and transfer of the Syndicated Bridge Facility between Mercury (Egypt) Pharmaceutical Manufacturing S.A.E and Arab African International Bank as the Mandated Lead Arranger, and other Lenders to a Syndicated Medium Term Loan.

250 Million USD

Lecico Egypt

Acquisition of 7.9% of the share capital of Lecico Egypt, as treasury shares, from Sanitec Group to be distributed among Lecico's Shareholders

20 Million USD

 

Real Estate Development & Construction

 

Alexandria For Real Estate Investment

Acquisition of 2,574,567 shares of the share capital of the Arab Company for Hotels and Tourism Investment S.A.E.

1.3 Billion EGP

Talaat Mustafa Group (TMG)

Acquisition of 100% of the share capital of Marsa Al Sadeed for Real Estate &Tourism  Development S.A.E.

90 Million USD

Talaat Mustafa Group (TMG)

IPO of 180 million shares of the TMG Holding through a public offering combined with a private placement. The Firm acted as a Special Counsel to the Issuer.

991 Million USD

 

Others

 

Arab Digital Distribution (ADD)

Management Agreement of Al Ahly Sports Channel between Al Ahly for Media Production Company S.A.E a subsidiary of Al Ahly Club, and ADD, a subsidiary of Arab Radio and Television (ART).

25 Million EGP