We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Halan for Consumer Finance S.A.E. (“Halan”) in connection with an EGP 1.171 billion and an EGP 1.619 billion securitization transactions. These transactions are the first and second issuances of Capital’s Seventh securitization program amounting to an aggregate of EGP 8 billion.

The MBH team advising on the securitization was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets), Ashraf Hendi (Partner), Imane Raouf (Partner), and included Khaled Abdul Wahab (Senior Associate), Esraa Mohamed (Senior Associate), and Habiba El Naggar (Associate).

Commercial International Bank S.A.E. (CIB) 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.


 

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