Private equity firm Aur Capital and Al Ahly Pharos have successfully concluded a securitized bond issuance worth EGP 790 million for Aur Leasing and Factoring. The issuance is backed by a portfolio of receivables valued at EGP 1.1 billion and has tenors ranging between 24-52 months. The bonds were rated AA+, AA, and A by […]
Contact Financial, an Egyptian consumer finance company, has successfully completed an EGP 1.9 billion securitized bond issuance for its consumer finance arms Contact Creditech and Contact Credit. The issuance, which is supported by an EGP 2.9 billion
It is with great sadness that the Egyptian legal community mourns the loss of Ehab Taha, a legal mentor and tycoon, who passed away on Friday during the holy month of Ramadan. Ehab was a
Banking & Finance
Egypt
Energy & Trading
Shalakany advises lenders in the ras ghareb wind farm project
Shalakany has acted as local counsel to several foreign and local financial institutions (including Japan Bank for International Cooperation, the European Bank for Reconstruction and Development, and Sumitomo Mitsui Banking Corporation, the Norinchukin Bank, Socié
With Suzan Taha Foreign Direct Investment (FDI) in Egypt has been a key driver of economic growth and development in the country. In recent years, Egypt has implemented a number of reforms to improve its
EFG Hermes, the investment bank franchise specializing in Frontier and Emerging Markets (FEM), has successfully concluded its advisory role in valU’s fourth securitized bond issuance, valued at EGP 856.5 million. The transaction is part of
Deal & transactions
Egypt
Transport
Baker McKenzie: Hutchison Ports awarded new concessions in Egypt
Hutchison Ports, a renowned port investor, developer, and operator, has been advised by global law firm Baker McKenzie on two new concessions in Egypt, in addition to related shareholding arrangements. The investment, which amounts to
Dubai-based National Paints Holding (‘NPH’) has raised its mandatory tender offer’s (MTO) price for Paints and Chemical Industries (‘Pachin’) to EGP 34 per share, upping it from its initial November offer of EGP 29
Matouk Bassiouny & Hennawy (“MBH”) acted as the legal counsel to Hasan Allam Utilities, the investment and development arm of Hassan Allam Holding, in its joint venture with Agility, the industrial development specialist, to establish
Zaki Hashem & Partners has provided legal counsel to V.Group and Antipollution for their joint venture with Suez Shipyard Company and Canal Company, both fully-owned subsidiaries of the Suez Canal Authority, and businessman Eric
