Slaughter and May advised the Central Bank of Egypt on a $2 billion syndicated repurchase transaction

19 Dec 2016

Slaughter and May advised the Central Bank of Egypt on its $2 billion repurchase transaction with a consortium of international banks.

The consortium’s financing was provided against newly issued Arab Republic of Egypt dollar-denominated sovereign bonds, which are listed on the Irish Stock Exchange.

The transaction bolsters the liquidity and size of the international reserves of the Central Bank of Egypt.

Contacts

Financing: Ed Fife (partner), George Silber (associate), Hiba Siddique (associate); Tax: Dominic Robertson (partner), Tanja Velling (associate)


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