MBH Guides Mashroey in EGP 407 Million Securitization Deal
Matouk Bassiouny & Hennawy (“MBH”) served as legal counsel for Mashroey Trading Company (“Mashroey”) in a significant EGP 407 million securitization transaction. This marks the fourth issuance under the second securitization program of Capital Securitization Company, with the aggregate amount for the program reaching EGP 13 billion over a span of three years.
The MBH team advising on the securitization was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets, pictured left), Ashraf Hendi (Partner, pictured right), and included Khaled Abdul Wahab (Senior Associate), Abdallah Soliman (Associate), Nouran Azab (Junior Associate), Sherouk Haiba (Junior Associate) and Myriam Ihab (Junior Associate).
The financial advisory role for the transaction was undertaken by Commercial International Bank – Egypt. KPMG Egypt – Hazem Hassan Public Accountants & Consultants assumed the position of auditor, and Middle East Rating & Investors Service (“MERIS”) served as the rating agency.
