Dreny & Partners: Efg Hermes completes securitization transaction
Efg Hermes Corp Solutions has successful completed the second securitization transaction amounting to EGP 2 billion, from a multi-issuances program amounting to EGP 3 billion.
The issuance was comprised of three tranches, where the first tranche is valued at EGP 260 million, and the second at EGP 890 million, while the third at EGP 850 million.
Dreny and Partners acted as the legal advisor for Efg Hermes Corp Solutions on this transaction. The team was led by partner Imane Raouf (pictured) working alongside associates Alaa Azmy and Abdelrehim Ashraf
EFG Hermes acted as the issuance lead arranger and the financial advisor, KPMG acted as the issuance auditor.