Dreny And Partners Advised Valu On EGP 1,111,500,000 Securitization Transaction
Dreny and Partners advised Valu on EGP 1.11B securitization, part of a EGP 10B multi-issuance program in Egypt.
Dreny and Partners advised Valu on EGP 1,111,500,000 Securitization Transaction
The leading law firm in Egypt, Dreny and Partners advised Valu on the successful closure of its 20th securitization transaction for their consumer finance portfolio, amounting to EGP 1,111,500,000. This transaction forms part of a wider three-year multi-issuance program with a total value of EGP 10 billion.
EFG Hermes Promoting & Underwriting S.A.E acted as the financial advisor and lead arranger of the transaction, with Arab African International Bank, EFG Hermes Promoting & Underwriting S.A.E, and Al Ahli Bank of Kuwait serving as underwriters. Arab African International Bank also acted as the custodian and bookrunner, while Baker Tilly Hilal & Abdel Ghaffar served as the official auditor.
This transaction builds on Dreny and Partners’ long-standing partnership with Valu, enabling the firm to provide strategic support across their key initiatives.
The Capital Markets team advising on the transaction included Sherine El Menyawy (Senior Associate), Farah Younes (Junior Associate), and Khaled Hammam (Junior Associate). From the Capital Market Procedures team: Nagy Mostafa Ebied (Senior Associate & Head – Capital Market Procedures) and Mohamed Youssef (Associate).
Dreny & Partners is a leading, full-service independent law firm in Egypt that specializes in business and commercial law, with a strong focus on capital markets, banking and finance, and M&A. The firm, founded in 2018, is known for advising multinational corporations, governmental institutions, and financial entities on complex, high-profile transactions both locally and internationally. They are highly regarded for their expertise in innovative financial solutions, particularly in securitization and Islamic finance (Sukuk).
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