{"id":65750,"date":"2025-12-22T20:13:55","date_gmt":"2025-12-22T17:13:55","guid":{"rendered":"https:\/\/arabmediaagency.com\/?p=65750"},"modified":"2025-12-22T20:13:56","modified_gmt":"2025-12-22T17:13:56","slug":"consortium-of-eight-lenders-sign-a-landmark-syndicated-facility-with-orange-egypt-for-telecommunications","status":"publish","type":"post","link":"https:\/\/arabmediaagency.com\/?p=65750","title":{"rendered":"Consortium of Eight Lenders Sign a Landmark Syndicated Facility with Orange Egypt for Telecommunications"},"content":{"rendered":"\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">   Cairo &#8211; Maii Abdo:<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">Cairo, Egypt &#8211; December 22nd, 2025 &#8211; Commercial International Bank &#8211; Egypt (CIB), Banque Misr, Bank of Alexandria, National Bank of Egypt, Attijariwafa Bank Egypt, Cr\u00e9dit Agricole Egypt, Emirates NBD Egypt and HSBC Bank Egypt announce the successful signing of a Syndicated Facility for one of Egypt\u2019s largest and most innovative telecommunications operators, Orange Egypt for Telecommunications. The transaction, valued at EGP 8 billion, marks a significant milestone in the company\u2019s strategic financial planning and growth agenda.  <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\"> CIB, being the Initial Mandated Lead Arranger, Bookrunner and Facility Agent, managed the transaction and worked alongside a syndicate of top-tier banks including Banque Misr (BM), Alex Bank, National Bank of Egypt (NBE) who acted as Initial Mandated Lead Arrangers and Bookrunners, in addition to Attijariwafa Bank Egypt, Cr\u00e9dit Agricole Egypt, Emirates NBD Egypt and HSBC Egypt, who acted as Mandated Lead Arrangers, will collectively provide the financing over a tenor of 6 years. All eight participating banks have showcased their commitment to supporting Egypt\u2019s telecom and digital infrastructure development. <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">  The Syndicated Facility will be used to finance key capital expenditures, enabling the company to maintain its leadership in delivering cutting-edge telecom services to millions of customers nationwide. The funding will support Orange Egypt\u2019s continued investments in infrastructure, digital transformation and the rollout of next-generation services across Egypt. The transaction proves the multinational firms\u2019 interest in the local market and its trust to operate with local banks among its group of lenders.  <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\"> The signing ceremony was attended by Hesham Mahran, Orange\u2019s CEO, Amr El-Ganainy, CIB\u2019s Deputy CEO and Executive Board Member, Hisham Okasha, BM\u2019s CEO, Mohamed El Etreby, NBE\u2019s CEO, Antonio Bergalio, Alex Bank\u2019s Deputy CEO, Amr El Shafei, ENBD\u2019s CEO, Ahmed Darwish, Attijariwafa\u2019s Assistant Managing Director, Ahmed Essam El Din, CAE\u2019s Head of Corporate Banking and Ehab Eissa, HSBC\u2019s Head of Global Network Banking. <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\"> Adsero &#8211; Ragy Soliman &amp; Partners acted as the Lenders\u2019 Legal Counsel and worked collaboratively to execute the transaction efficiently and successfully.  Commenting on the transaction, Amr El-Ganainy, Deputy CEO &amp; Executive Board Member at CIB, stated \u201cAt CIB, we believe in building enduring partnerships that foster progress, as these projects play a direct role in driving economic growth and enhancing the competitiveness of the Egyptian economy\u201d. <\/p>\n\n\n\n<div class=\"wp-block-jetpack-slideshow aligncenter\" data-effect=\"slide\"><div class=\"wp-block-jetpack-slideshow_container swiper-container\"><ul class=\"wp-block-jetpack-slideshow_swiper-wrapper swiper-wrapper\"><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-65751\" data-id=\"65751\" src=\"https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0053-1024x682.jpg\" srcset=\"https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0053-1024x682.jpg 1024w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0053-300x200.jpg 300w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0053-768x512.jpg 768w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0053-450x300.jpg 450w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0053.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-65752\" data-id=\"65752\" src=\"https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0052-1024x682.jpg\" srcset=\"https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0052-1024x682.jpg 1024w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0052-300x200.jpg 300w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0052-768x512.jpg 768w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0052-450x300.jpg 450w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0052.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-65753\" data-id=\"65753\" src=\"https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0054-1024x682.jpg\" srcset=\"https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0054-1024x682.jpg 1024w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0054-300x200.jpg 300w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0054-768x512.jpg 768w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0054-450x300.jpg 450w, https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0054.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/li><\/ul><a class=\"wp-block-jetpack-slideshow_button-prev swiper-button-prev swiper-button-white\" role=\"button\"><\/a><a class=\"wp-block-jetpack-slideshow_button-next swiper-button-next swiper-button-white\" role=\"button\"><\/a><a aria-label=\"Pause Slideshow\" class=\"wp-block-jetpack-slideshow_button-pause\" role=\"button\"><\/a><div class=\"wp-block-jetpack-slideshow_pagination swiper-pagination swiper-pagination-white\"><\/div><\/div><\/div>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">El-Ganainy explained that this transaction further reaffirms the strength and resilience of the Egyptian banking sector and its ability to provide long-term financing to support expansion and investment plans for major corporates, despite ongoing global economic challenges. This, he noted, reflects a stable banking environment capable of attracting the confidence of multinational corporations. <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">He emphasized that CIB\u2019s role extends beyond providing financing to offering financial advisory services and building long-term strategic partnerships based on a deep understanding of clients\u2019 needs and a clear vision for their future growth.  El-Ganainy further highlighted that CIB places particular emphasis on supporting investments aimed at developing digital infrastructure, given its pivotal role in improving service quality, advancing financial inclusion, creating employment opportunities, and supporting the state\u2019s efforts to implement Egypt\u2019s Sustainable Development Vision and digital transformation agenda. <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">He concluded by reaffirming CIB\u2019s ongoing commitment to supporting leading corporates with ambitious growth plans, expressing his confidence that this financing will significantly enhance the operational and competitive capabilities of Orange Egypt Telecommunications and deliver sustainable added value for all stakeholders.  Hisham Okasha, CEO of Banque Misr, emphasized that the Bank\u2019s participation in this syndicated financing aligns with its comprehensive strategy to provide innovative and sustainable financing solutions.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\"> These solutions are designed to meet customer needs and support vital economic sectors, thereby contributing to driving economic growth and achieving comprehensive development ,Okasha commended the fruitful, constructive cooperation between Banque Misr and all participating banks, which led to the successful conclusion of the financing. <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">He highlighted the pivotal role of the Egyptian banking sector in supporting the national economy, particularly in strategic sectors with direct impact, foremost among them the telecommunications sector ,He noted that Orange Egypt is a leading player in this vital sector, and that this syndicated financing will enable the company to achieve sustainable growth, enhance its competitiveness, and improve service quality in the Egyptian market.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\"> This supports technological advancement requirements and aligns with the state\u2019s development plans, He reaffirmed that Banque Misr continues to act as a key catalyst for national and strategic development, driven by a firm belief in sustainability, continuous improvement, and the fostering of effective partnerships that help build a robust economy capable of withstanding future challenges.  <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">Mohamed El Etreby, Chief Executive Officer of the National Bank of Egypt, stated that the medium-term syndicated facility amounting to EGP 8 billion, for Orange Egypt for Telecommunications, emphasizes the pivotal role played by the National Bank of Egypt\u2014as one of the pioneers in the banking sector. He stressed that this financing reflects NBE\u2019s strategic partnerships in support of the private-sector, particularly large multinational corporations operating in key industries.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\"> Telecoms and IT represent a strategic pillar for achieving an all-inclusive digital and financial transformation ambition. El Etreby expressed his satisfaction with the effective cooperation between the eight banks, participating in this syndicated facility, and Orange Egypt for Telecommunications.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\"> He pointed out that the syndicated facility has been structured to have a six-year tenor, financing capital expenditures and enhancing the advanced services provided by the Company, particularly in light of the significant advancements in technology and AI. El Etreby further affirmed that this financing enables Orange Egypt to make optimal use of liquidity and provides it with financial flexibility in managing its cash flows. <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">This reflects the ability of the Egyptian banking sector to effectively contribute with comprehensive financing solutions that drive the development of services offered by major companies operating in strategic sectors to enhance their competitiveness in both local and global markets.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">  Paolo Vivona, Chief Executive Officer and Managing Director of ALEXBANK, stated: \u201cALEXBANK is proud of its partnership in the syndication for Orange as Initial Mandated Lead Arranger and Bookrunner, reaffirming its strategic commitment to financing sectors that are critical to Egypt\u2019s economic development and to enabling digital transformation. <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">ALEXBANK\u2019s role reflects its strong confidence in the telecommunications sector, which plays a pivotal role in supporting sustainable economic growth, as well as in Orange Egypt as one of the market\u2019s leading players. ALEXBANK remains firmly focused on acting as a trusted financial partner to leading corporates, creating sustainable value and long-term economic impact, in alignment with the Intesa Sanpaolo Group\u2019s strategy.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">  Mouawia Essekelli, CEO and Managing Director added: \u201cAttijariwafa Bank Egypt is proud to support the growth of businesses across all sectors in Egypt, including the vital telecommunications industry. Our participation in this syndication reflects our ongoing commitment to empowering infrastructure projects in the Egyptian market. We value our longstanding partnership with Orange and reaffirm the bank\u2019s full commitment to supporting its continued success.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">  Amr El Shafei, CEO &amp; Managing Director &#8211; Emirates NBD Egypt said that the bank\u2019s financing for Orange Egypt reflects its continued focus on sustainable financing and strategic partnerships. He also stated that the financing will support Orange Egypt\u2019s business expansion highlighting the company\u2019s position as one of the most leading telecommunications operators in Egypt. <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">El Shafei added that the transaction supports the growth of Egypt\u2019s telecommunications sector and reflects the bank\u2019s commitment to financing key sectors that contribute to economic growth and national development.  In that regard, Ahmed Essam, Head of Corporate Banking at Cr\u00e9dit Agricole Egypt, stated: \u201cWe are proud to participate in this landmark transaction, which underscores the strength of our strategic partnership with Orange. <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">We are also pleased to collaborate with a distinguished group of banks in extending this financing to a trusted multinational partner. Our engagement in this transaction is fully aligned with Cr\u00e9dit Agricole Egypt\u2019s strategic objective of encouraging economic development and fostering sustainable growth in Egypt.\u201d  <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">Ehab Eissa, HSBC Egypt Head of Global Network Banking added: \u201cThrough our Global Network, HSBC has supported Orange across more than 15 countries and for more than two decades, we have had a long-standing partnership with Orange Egypt. Acting as Mandated Lead Arranger in this syndicated facility reinforces our belief in the vital role that Orange and the telecom sector play in advancing Egypt\u2019s digital development.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">  Commenting on the transaction, Mohamed El-Sayed Abdel Moaty, Orange\u2019s Chief Financial Officer, said: \u201cThis syndicated facility provides Orange Egypt with a robust and diversified funding platform to support our ongoing growth and capital investment plans. The strong participation from leading banks reflects confidence in our operating performance and strategic direction. <\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">This transaction enhances our financial flexibility and strengthens our capital structure, enabling us to efficiently fund ongoing and future capital investment programs.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\"> In particular, it will support the continued expansion and modernization of our network infrastructure, improve service quality, and accelerate the deployment of next-generation connectivity solutions across our markets.\u201d <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consortium of Eight Lenders Sign a Landmark Syndicated Facility with Orange Egypt for Telecommunications<\/p>\n","protected":false},"author":3,"featured_media":65752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"spay_email":"","footnotes":""},"categories":[11392],"tags":[43,11508,11507,3849,45,44],"class_list":["post-65750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-11392","tag-ama","tag-maii-2","tag-maii","tag-3849","tag-45","tag-44"],"jetpack_featured_media_url":"https:\/\/arabmediaagency.com\/wp-content\/uploads\/2025\/12\/IMG-20251222-WA0052.jpg","_links":{"self":[{"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=\/wp\/v2\/posts\/65750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65750"}],"version-history":[{"count":1,"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=\/wp\/v2\/posts\/65750\/revisions"}],"predecessor-version":[{"id":65754,"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=\/wp\/v2\/posts\/65750\/revisions\/65754"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=\/wp\/v2\/media\/65752"}],"wp:attachment":[{"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arabmediaagency.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}