Mubasher TV
Contact Us Advertising   العربية

Egypt’s Halan completes EGP 3.4bn securitization with MBH as legal counsel

Egypt’s Halan completes EGP 3.4bn securitization with MBH as legal counsel
Photo Gallery
CI Capital Holding
CICH
1.15% 7.90 0.09
CIB
COMI
0.89% 105.49 0.93

Cairo - Mubasher: Halan for Consumer Finance has completed an EGP 3.42 billion securitization transaction, with Matouk Bassiouny & Hennawy (MBH) serving as legal counsel.

The transaction marks the fourth issuance under capital’s seventh securitization program, bringing the program’s total value to EGP 8 billion, according to a press release.

CI Capital and CIB acted as financial advisors, while Baker Tilly served as the auditor.

Capital Securitization Company acted as the issuer, and Middle East Rating & Investors Service (MERIS) served as the rating agency.

The deal reflects MBH’s ongoing efforts to strengthen Egypt’s capital markets and enhance access to innovative financial instruments.

Last month, MINT-Halan rolled out Egypt’s first secured digital lending solution to allow customers access up to 80% of their investments through the Halan App.