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.
