Dreny & Partners advises ValU on EGP 1.1 billion securitization

Dreny & Partners represented ValU in relation to the securitization transaction of the company’s consumer finance portfolio. The transaction concerns ValU’s 20th securitization and amounts to EGP 1.1 billion. It forms part of a broader three‑year, multi‑issuance programme with an aggregate value of EGP 10 billion. The banking syndicate on the deal saw EFG Hermes Promoting & Underwriting S.A.E. act as financial advisor and lead arranger. Arab African International Bank, EFG Hermes Promoting & Underwriting S.A.E. and ABK served as underwriters. Arab African International Bank also acted as custodian and bookrunner. Baker Tilly (Hilal & Abdel Ghaffar) served as the official auditor. Dreny & Partners represented ValU with a team composed by: senior associate Sherine El Menyawy; senior associate and head of the capital market procedures team Nagy Ebied; and associates Farah Younes, Khaled Hammam and Mohamed Youssef.

Dreny & Partners advises ValU on EGP 1.1 billion securitization

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