We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Tasaheel for Financing S.A.E. (“Tasaheel”) in connection with an EGP 3.831 billion social sustainability securitization transaction.This transaction is the second issuance of Capital’s Fourth securitization program amounting to an aggregate of EGP 13 billion.

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

CI Capital was also involved in the transaction as the financial advisor, Russel Bedford as the Auditor, Capital Securitization Company as the Securitization Company, Middle East Rating & Investors Service (“MERIS”) as the rating agency, and Moody’s Investors Service as the Social Sustainability Consultant.


 

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