Baker McKenzie Cairo has acted as legal counsel to Banque Misr S.A.E. in connection with the EGP 3 billion bilateral medium-term revolving loan facility extended to Sixth of October for Development and Investment Company SAE (“SODIC”).
The revolving facility aims to contribute to SODIC’s execution of construction schedules and strengthen their overall operational agility, supporting the company’s continued growth and expansion in Egypt’s real estate sector.
The transaction was successfully signed on 26 November 2025, marking a significant step in strengthening SODIC’s financial position and enabling it to pursue strategic initiatives.
Leading on the transaction, Mostafa Lotayef, recently promoted Partner in the Banking and Projects practice at Baker McKenzie Cairo, commented: "We are proud to have advised Banque Misr on this landmark financing. This deal reflects the resilience and dynamism of Egypt’s real estate market and underscores our commitment to supporting clients in structuring complex transactions that drive growth and innovation."
The Baker McKenzie Cairo team advising on the transaction was led by Mostafa Lotayef, and supported by Associate Noureldin Elhayatmy.
This marks the fourth syndicated facility recently handled by Baker McKenzie's Cairo office for Banque Misr, following its advisory role to Banque Misr S.A.E. on EGP 6.2 billion syndicated loan to Mountain View for Development and Real Estate Investment.
The revolving facility aims to contribute to SODIC’s execution of construction schedules and strengthen their overall operational agility, supporting the company’s continued growth and expansion in Egypt’s real estate sector.
The transaction was successfully signed on 26 November 2025, marking a significant step in strengthening SODIC’s financial position and enabling it to pursue strategic initiatives.
Leading on the transaction, Mostafa Lotayef, recently promoted Partner in the Banking and Projects practice at Baker McKenzie Cairo, commented: "We are proud to have advised Banque Misr on this landmark financing. This deal reflects the resilience and dynamism of Egypt’s real estate market and underscores our commitment to supporting clients in structuring complex transactions that drive growth and innovation."
The Baker McKenzie Cairo team advising on the transaction was led by Mostafa Lotayef, and supported by Associate Noureldin Elhayatmy.
This marks the fourth syndicated facility recently handled by Baker McKenzie's Cairo office for Banque Misr, following its advisory role to Banque Misr S.A.E. on EGP 6.2 billion syndicated loan to Mountain View for Development and Real Estate Investment.
Explore Our Newsroom