Matouk Bassiouny & Hennawy | View firm profile
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Tasaheel for Financing S.A.E. (“Tasaheel”) in connection with an EGP 3,520,500,000 (* Egyptian Pounds) securitization transaction. This transaction represents the fourth issuance of Capital’s Twelfth securitization program amounting to an aggregate of EGP 20,000,000,000 (twenty 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).
Al Ahly Pharos 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 microfinance 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/