Matouk Bassiouny & Hennawy | View firm profile
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Halan for Consumer Finance (“Halan”) in connection with an EGP 2,214,000,000 (Two billion two hundred fourteen million Egyptian Pounds) securitization transaction.
This transaction represents the fifth issuance of Capital’s seventh securitization program, amounting to an aggregate of EGP 11,500,000,000 (Eleven billion five hundred million 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).
CI Capital was also involved in the transaction as the financial advisor, Baker Tilly as the auditor, Capital Securitization Company as the securitization company, and Middle East Rating & Investors Service (“MERIS”) as the rating agency.
We would like to extend our gratitude to all the stakeholders involved and to 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, visit matoukbassiouny.com.