MBH advises Beltone Mortgage Finance on debut EGP 1.32 billion Securitization Issuance

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Beltone Mortgage Finance (“BMF”) in connection with the launch of its first securitization issuance, amounting to EGP 1.32 billion.

This landmark transaction marks a pivotal milestone for BMF, reinforcing its position as an emerging leader in Egypt’s mortgage finance sector, and showcasing the strength of its mortgage portfolio and its ability to tap into Egypt’s dynamic capital markets.

Beltone Investment Banking acted as financial advisor, KPMG as auditor, and Middle East Rating & Investors Service (“MERIS”) as rating agency.

The MBH team advising on the issuance was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets) and Imane Raouf (Partner), and included Abdelrheem Ashraf (Senior Associate), Mariam Goubran (Associate), and Ahmed Ayman (Associate).

GGI Member News Egypt Matouk Bassiouny