MBH with Tasaheel on EGP 5.050b securitization

Matouk Bassiouny & Hennawy (MBH) acted as legal counsel to Tasaheel on their EGP 5.050 billion securitization transaction.

This transaction represents the first issuance of Tasaheel’s twelfth securitization program amounting in total to EGP 20 billion, marking it as the largest of its kind in the region.

MBH’s team

The MBH team advising Tasaheel was led by Mohamed Abdel Fattah (partner and head of capital markets, pictured left), and Imane Raouf (partner. pictured right). Further, it included Khaled Abdel Wahab (senior associate), Esraa Mohamed (senior associate), Abdelrheem Ashraf (associate), and Habiba El Naggar (Associate).

Al Ahly Pharos was also involved in the transaction as the financial advisor, Russel Bedford as the auditor, Capital Securitization Company as the securitization company, and Middle East Rating & Investors Service (MERIS) as the rating agency