Orascom Construction’s $25 Million Loan Financing


Baker McKenzie advised the European Bank for Reconstruction and Development (EBRD).

The European Bank for Reconstruction and Development (EBRD) completed a two-year $25 million working capital loan to Orascom Construction Company S.A.E (OC), a leading global engineering and construction contractor.

Orascom Construction PLC operates as an engineering and construction company and focuses on infrastructure, industrial, commercial projects, leisure centers, hotels, resorts, and residential complexes.

The Baker McKenzie team was led by Partners Rafal Zakrzewski (Picture) in Poland, Lamyaa Gadelhak in Egypt and Sandeep Puri in UAE, Dubai and supported by lawyer Marcin Krzemien (Warsaw), banking and finance Senior Associate Mohamed El Harmy (Cairo) and Senior Associate Sabina Passi (Dubai).

Involved fees earner: Mohamed El Harmy – Baker McKenzie; Lamyaa Gadelhak – Baker McKenzie; Marcin Krzemien – Baker McKenzie; Sabina Maria Passi – Baker McKenzie; Sandeep Puri – Baker McKenzie; Rafal Zakrzewski – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: European Bank for Reconstruction and Development;