Matouk Bassiouny & Hennawy | View firm profile
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Tasaheel for Financing (“Tasaheel”) in connection with the launch of their EGP 10 billion Long-Term Note Program, as well as the successful completion of the first issuance amounting to EGP 2.5 billion.
This milestone further supports Tasaheel’s expansion strategy, reinforcing its financial sophistication and growing market credibility in the microfinance sector.
The MBH team advising on the issuance was led by Imane Raouf (Partner) and included Abdelrheem Ashraf (Senior Associate).
CI Capital was also involved in the transaction as the financial advisor, KPMG as the auditor, and Middle East Rating & Investors Service (“MERIS”) as the rating agency.
This transaction follows our recent role as legal counsel to Tasaheel on Africa’s largest sustainable sukuk issuance and Egypt’s first-of-its-kind sustainable securitization issuance. We are proud to continue contributing to the growth of Egypt’s debt capital markets.
For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.