52177
Marygo Hospitality BV
Apr 23, 2026
Egypt, Arab Republic of
Africa
May 22, 2026
B - Limited
Pending Approval
Apr 23, 2026
Regional Industry - MAS Africa
Tourism, Retail and Property
Resort Hotel (Including Lodges)
Provision of up to USD [100] million senior loan to AlDau Hospitality BV (AlDau Hospitality or the Company) or to its fully owned subsidiaries as part of a larger financing package amounting to up to USD [265] million equivalent, which is expected to be provided in parallel with local and/or international financial institutions, including the European Bank for Reconstruction and Development (EBRD).
The loan will(i) finance the development of a new 400-key hotel in West Cairo in the vicinity of and overlooking the Grand Egyptian Museum and the Pyramids of Giza, (ii) refinance/consolidate existing debt (iii) finance other Capex-related investments, including acquisition of land and buildings and refurbishment Capex and (iv) fund future capex.
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