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Egypt’s Pickalbatros closes a $250mln sustainability-linked package

MENA Climate Desk · 19 Oct 2026 · 1 min
Egypt’s Pickalbatros closes a $250mln sustainability-linked package

Egyptian hospitality group Pickalbatros has secured $250 million in sustainability-linked financing from the International Finance Corporation (IFC) and Attijariwafa Bank to support the expansion of its hotel portfolio into Morocco.

The facility is structured in three tranches. Full terms were not disclosed in the public lead; see the source link below for further detail as it becomes available.