The Firm advised prominent Lebanese bank on US$70 Million long-term credit facilities | Abou Jaoude & Associates

The Firm advised prominent Lebanese bank on US$70 Million long-term credit facilities

March 2013

The Firm advised a prominent Lebanese bank, acting as the lender, on three long-term credit facilities of up to $70Million granted to a major real estate developer to finance a first-of-its-kind real estate project, involving the first truly “green” buildings in Lebanon. These facilities were granted in the context of the recently enacted economic stimulus package organized by the Central Bank of Lebanon to encourage productive sectors and eco-friendly projects.