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/.