Dreny & Partners Advised GB Lease & Factoring S.A.E On EGP 4.160 Billion Securitization Transaction
Dreny & Partners advised GB Lease & Factoring S.A.E on EGP 4.160 Billion Securitization Transaction
The leading Egyptian law firm, Dreny & Partners, is pleased to announce the successful closure of a EGP 4.160 billion securitization transaction for GB Lease & Factoring S.A.E, covering their leasing portfolio. The transaction forms part of a broader 3-year multi-issuance program with a total value of EGP 15 billion.
Key market participants in the transaction included CI Capital Holding, CIB Egypt, and Arab African International Bank as financial advisors and lead arrangers. National Bank of Egypt (NBE), CIB, Suez Canal Bank, Arab African International Bank, and Banque du Caire acted as underwriters. Suez Canal Bank also acted as custodian, while Arab African International Bank served as bookrunner. Baker Tilly Hilal & Abdel Ghaffar acted as the official auditor.
The Dreny & Partners team advising on the transaction included the Capital Market Team: Metwally Sweify (Senior Associate) and Farah Younes (Junior Associate); and the Capital Market Procedures Team: Nagy Mostafa Ebied (Senior Associate and Head – Capital Market Procedures), Mohamed Youssef (Associate), and Ahmed Reda (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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