Egypt

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal advisor to Admaius Capital Partners and the founders of Parkville Holding B.V. and its subsidiaries, one of Egypt’s leading cosmeceutical businesses, in connection with the signing of definitive transaction documentation for the sale of a majority stake to Adenia Partners. This transaction follows MBH’s prior advice to Admaius Capital Partners on its acquisition of a minority stake in Parkville, reflecting the firm’s continued involvement in the company’s growth journey. The transaction marks the successful full exit of Admaius Capital Partners and represents a significant milestone in Parkville’s continuous growth, paving the way for its next phase of expansion and regional development under Adenia Partners’ ownership. Completion of the transaction remains subject to customary closing conditions and the receipt of required regulatory approvals. The MBH team advising on the transaction was led by Omar S. Bassiouny (Founding Partner and Group Head of Corporate and M&A), and included Salma El Refaie (Senior Associate) and Mayar Sharafeldin (Associate). MBH is proud to have supported Admaius Capital Partners and the founders of Parkville through this important milestone and to have contributed to a significant private equity transaction in Egypt’s fast-growing cosmeceutical and healthcare sectors. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as Egyptian legal counsel to IFC – International Finance Corporation on its first investment in a securitization transaction in Egypt. The transaction involved a securitization programme launched by GlobalCorp, structured into three tranches with distinct maturities and credit ratings. This transaction contributes to the continued development of Egypt’s securitization framework and supports the diversification of local capital markets. The MBH team advising on the transaction was led by Imane Raouf (Partner), with the support of Laila Zaki (Associate) and Mariam Goubran (Associate). We were pleased to work alongside Ashurst as international counsel on this transaction, and we extend our appreciation to all parties involved for their collaboration and efforts in bringing this milestone transaction to completion. This transaction reflects our continued commitment to supporting the growth of Egypt’s capital markets and advising on innovative and first-of-their-kind financings. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal advisor to Jackson Square Aviation (Ireland) Limited (“JSA”), a global leader in aircraft leasing, in connection with its first-ever commercial aircraft lease transaction in Egypt to flyplus (formerly known as Nesma Airlines). MBH advised JSA on the delivery of an Airbus A321-200 aircraft (MSN 5922) to Egyptian carrier flyplus. The aircraft strengthens flyplus’s narrowbody fleet, providing increased capacity and efficiency for its regional and international operations, supporting Egypt's growing tourism and travel sector. This transaction was led by Sherif El Hosseny (Partner and Head of Aviation) and included Malak El Amiry (Associate), to mark a significant milestone as the inaugural entry of JSA’s leasing portfolio into the Egyptian market, expanding its footprint in the Middle East and North Africa region. #MBH #MBHAviation #AviationLaw #AircraftLeasing #Egypt #JacksonSquareAviation #JSA #NesmaAirlines # flyplus #AirbusA321 #DealAnnouncement #LegalAdvisor #MiddleEastAviation #NorthAfrica #FirstTransaction For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Btech Trade and Btech Finance (“Btech”) in connection with an EGP 1,759,000,000 (one billion seven hundred fifty-nine million Egyptian Pounds) securitization transaction. This transaction represents the first issuance of Capital’s fourteenth securitization program amounting to an aggregate of EGP 10,000,000,000 (ten billion Egyptian Pounds). The MBH team advising on the securitization was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets), Imane Raouf (Partner), and included Abdel Reheem Ashraf (Senior Associate), Mariam Goubran (Associate) and Ahmed Ayman (Associate). CIB was also involved in the transaction as the financial advisor, Baker Tilly as the Auditor, Capital Securitization Company as the Securitization Company, Middle East Rating & Investors Service (“MERIS”) as the rating agency. We would like to extend our gratitude to all the stakeholders involved and our dedicated team whose hard work and commitment made this transaction possible. This landmark deal is a testament to our commitment to fostering innovation in the financial sector and advancing economic development. As we move forward, we remain committed to supporting the growth of consumer finance in Egypt and contributing to the empowerment of communities through access to much-needed financial resources.   For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.