Pasabahce Egypt’s $30 Million Financing Round

Baker McKenzie advised International Finance Corporation on the deal.

International Finance Corporation (IFC), a member of the World Bank group, acted as lenders on the financing package put in place to fund Pasabahce Egypt for Glass Manufacturing S.A.E., a subsidiary of the Sisecam Group and a leading glassware manufacturer.

The financing package includes a long-term loan of USD 20 million and a short-term loan of the remaining USD 10 million. 

The Helmy, Hamza & Partners, Baker McKenzie Cairo, team was led by Managing Partner Mohamed Ghannam (Picture), Senior Associate Ghada El Gharib and Associate Ahmed Shehata.

Involved fees earner: Ghada El Gharib – Baker McKenzie; Mohamed Ghannam – Baker McKenzie; Ahmed Shehata – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: International Finance Corporation;