Ahmed Abdallah

Ahmed Abdallah

Of Counsel
Helmy, Hamza and Partners

Biography

Ahmed Abdallah is counsel in the Cairo office of Baker McKenzie. Ahmed has more than 15 years of experience in the banking field gained in the legal departments of various major banks in several jurisdictions (Egypt, Qatar and UAE). Prior to joining the Firm in January 2019, he held the position of legal adviser in a leading bank in Dubai, UAE.

Practice Focus

Ahmed focuses his practice on various forms of debt finance, including project finance, leveraged loan facilities, syndicated loan finance and debt capital markets. He possesses experience in drafting facility agreements, security documents and other finance documents for various debt finance structures. In addition, he recently advised high-profile customers in the capital markets on issuing bonds and securitization transactions.

Representative Legal Matters

  • Advised one of the largest companies in the microfinance industry in Egypt, in connection with an EGP 3 billion securitization transaction, and acted as legal advisor of the issuance.

  • Acted as local legal counsel for an international investment banking company and international bank (London branch), as lenders in relation to a margin loan transaction.

  • Assisted one of the largest flour manufacturing companies in Egypt in restructuring bilateral current debts with several banks in the form of syndication, in light of the latest initiative of the Central Bank of Egypt (CBE) for restructuring and aiding struggling companies/projects.

  • Advised an international bank on restructuring of existing financing of USD 80 million for an Egyptian company to finance the acquisition of a stake in a British Virgin Islands company.

  • Advised Marakez Al Sokhna for Real Estate Projects S.A.E. on its EGP 1.5 billion facility from a consortium of five banks to develop Phase I of the Mall of Kattameya, located in Kattameya, Cairo-Sokhna road.

  • Represented a leading company, which trades and distributes crude oil worldwide, a leading Dutch multinational banking and financing services company (as book running mandated lead arranger and agent), a Dutch multinational banking and financial services corporation headquartered in Amsterdam (as book running mandated lead arranger), the lenders and a Dutch multinational banking and financial services corporation, including their Belgium, Brussels and Geneva branches (as original issuing banks), in connection with a USD 250 million multicurrency revolving credit facility agreement.

  • Represented a well-established luxury hotel company located in the UAE and its subsidiaries — luxury resorts and luxury business hotel — located in Dubai (as initial guarantors), a consortium of leading UAE banks (as arrangers), a financial institution (as original lenders) and a leading international bank (as facility agent ), in connection with USD 860,344,827 term loan credit agreement.

  • Acted for a consortium of international banks (as mandated lead arrangers and book runners) in connection with USD 1.2 billion conventional and Islamic facilities to an Emirati state-owned holding company.

  • Represented two leading banks in the UAE in connection with AED 150 million senior secured term financing facility to a leading real estate and hotel company located in the UAE.

  • Represented a public joint stock company, which provides commercial and investment banking services for retail, in connection with AED 880 million senior secured financing facility to a company that owns and operates educational institutes based in the UAE

Education

  • Cairo University (LLB) (2003)

Languages

  • Arabic
  • English