MBH with Tasaheel note issuance
Matouk Bassiouny & Hennawy advised Tasaheel in connection with the debut of their EGP 10 billion Long-Term Note Program, as well as the completion of the first issuance amounting to EGP 2.5 billion.
The context
Prior to this deal, MBH had already supported Tasaheel in connection with two 2025 operations: an EGP 7 billion sustainable sukuk issuance, and an EGP 5.050 billion securitization transaction.
The MBH team
Partner Imane Raouf (pictured) led the MBH team advising on the issuance, working alongside senior associate Abdelrheem Ashraf. The transaction also saw involvement from CI Capital as the financial advisor, KPMG as the auditor, and Middle East Rating & Investors Service (MERIS) as the rating agency.
