We are delighted to announce that our team successfully sealed EGP 5.4 billion worth of issuances that took place during December, and a total of EGP 36.4 billion throughout 2022. Where the Firm advised a diverse portfolio of clients, comprised of prominent real estate developers, mortgage finance, financial leasing companies, as well as consumer finance and factoring corporations.

The Firm’s Capital Market team advised several financial leasing companies, including EFG Corp Solutions, Upper Egypt Finance, Global Corp for Financial Services, and GB Lease & Factoring for their multi-issuances program, respectively, amounting to a total of EGP 7.7 billion backed up with a financial leasing portfolio.

The firm also acted as the legal advisor for prominent real estate capital market’s deals; including New Urban Communities Authority “NUCA”, Talaat Mostafa Group, and Misr Italia Properties, respectively, amounting to a total of EGP 22.2 billion.

The team also advised the first ever mortgage finance transaction in Egypt for Bedaya Mortgage Finance company, a transaction that was nominated by IFLR Middle East Awards as “Best Domestic Deal of the Year”, in addition to advising Tamweel Mortgage Finance on their multi-issuances program, respectively, amounting to a total of EGP 2.25 billion.

In addition to advising various leading consumer finance companies; comprising of ValU Consumer Finance, Premium International Company for Financial Services, Abdel Latif Jameel Finance, as well as, Drive Finance and Factoring, respectively on their transactions amounting to a total of EGP 3.1 billion backed up with consumer finance portfolios.

Moreover, Dreny & Partners acted as a legal advisor for EFG Corp Solutions and Drive Finance for their bond issuances amounting to EGP 1.2 billion.

The Dreny & Partners capital market team was led by Partner Imane Raouf.