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- Beltone Investment Banking Successfully Concludes Advisory on Hadayieq Zoos & Recreational Facilities Management’s Long-Term Financing of EGP832 million, with the aim of revamping Giza Zoo and Orman Botanical Garden
Beltone Investment Banking Successfully Concludes Advisory on Hadayieq Zoos & Recreational Facilities Management’s Long-Term Financing of EGP832 million, with the aim of revamping Giza Zoo and Orman Botanical Garden
Cairo, December 3, 2023: Beltone Financial Holding ("Beltone"), one of the fastest growing financial institutions, announces that its wholly owned subsidiary Beltone Investment Banking has successfully completed its role as the sole financial advisor of Hadayieq Zoos & Recreational Facilities Management ("Hadayieq") on its long-term financing of EGP832 million granted by National Bank of Egypt and China Development Bank, which will be dedicated to the revamp and transformative development of Giza Zoo and Orman Botanical Garden in line with international standards.
This long-term financing is the largest facility granted for an entertainment project in Egypt. It will be dedicated to the redevelopment, enhancement, renovation, management, and maintenance of Giza Zoo and Orman Botanical Garden.
Beltone Investment Banking acted as the sole financial advisor for the financing of Giza Zoo and Orman Botanical Garden revamp and transformative development. Recognizing the profound historical importance of these landmarks in Egypt, Beltone Investment Banking played a pivotal role in planning the transaction, expertly structuring, and arranging the financing on behalf of Hadayieq.