Ashurst assists J.P. Morgan and UK Export Finance in the financing of the Cairo Monorail
The British public institution granted a £1.7 billion loan to the Egyptian authorities, who opted for the services of White & Case.
28/01/2021 at 17h51, by Tarik Bargal
The guaranteed loan was granted to the National Authority for Tunnels, the public body in charge of developing the project, the total estimated cost of which exceeds $4.5 billion (€3.72 billion), and which should relieve public transport in the megalopolis of more than nine million inhabitants by 2023.
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