The advisors on Egypt’s USD 1.5 billion Sovereign Sukuk
Zaki Hashem (ZH) represented the dealers and arrangers – including included Abu Dhabi Islamic Bank PJSC, Citigroup Global Markets Limited, Dubai Islamic Bank PJSC, First Abu Dhabi Bank PJSC, and HSBC Bank plc – on Egypt’s USD 1.5 billion dual-tranche Sovereign Sukuk. The firm collaborated with English legal advisors Linklaters London.
In connection with the deal, Adsero – Ragy Soliman & Partners served as local counsel to the issuing institutions, the Egyptian Ministry of Finance and the Egyptian Financial Company for Sovereign Taskeek. Moreover on the issuer’s end, Baker Botts (UK) served as international counsel.
The ZH team
Of counsel Ragia Omran (pictured) led the ZH team on the matter, working alongside senior associate Khalid Al Melegi as well as associates Iten Osama and Youssef Hendy.
The Adsero team
Partner Hossam Gramon, led the Adsero team on the matter, with support from senior associate Karima Seyam, and junior associates Malak Zaki, Mostafa Serry, Nour Osama, and Nour Elkholy.
