Cairo, Egypt:– Helmy, Hamza & Partners, Baker McKenzie's Cairo office, has recently advised Pioneers Properties for Urban Development on a real estate securitization transaction. The total value of the securitization bond program is EGP 3 billion divided into six issuances. The first issuance has recently been approved by the Financial Regulatory Authority at an amount of EGP 627.5 million encompassing three tranches.
Our Managing Partner Mohamed Ghannam said: “We are delighted to have acted for Pioneers Properties in a transaction that integrated a new investment option into their business and provided investors with a new exciting opportunity. As part of our team’s experience in financing and real estate, we were able to contribute to the success of this unique transaction.”
The financial advisor, arranger, book runner, and underwriter of the transaction was EFG Hermes’ investment banking division.
The Helmy, Hamza & Partners, Baker McKenzie Cairo transaction team was led by Managing Partner Mohamed Ghannam and Counsel Mostafa El Sakaa and comprised Capital Market Specialist Sameh Belal, Associates Walid Enany and Mohamed El Hossamy along with Paralegal Malak Abou Senna. In addition, Senior Associate Milad Fayez from the Litigation team as well as Associate Ahmed Shehata from the Banking & Projects team have been part of the team that contributed to the success of this deal.
-Ends-
About Helmy, Hamza & Partners, Baker McKenzie Cairo
Helmy, Hamza & Partners, Baker McKenzie Cairo, is one of the oldest established international law firms in the Egyptian legal market. Combining in-depth knowledge of local laws with the experience of a global firm, we help you navigate the legal and business landscape in Egypt and worldwide.
Baker McKenzie Cairo currently employs approximately 40 lawyers, including 5 partners and 10 of counsels, all of whom have an outstanding knowledge of the local legal, business, social and cultural environment. While most of us are Egyptian by training, we are all international and global in our know-how, experience and practice.
Collaborating with colleagues in other firm offices as well as with local law firms where needed, we can seamlessly guide you through the intricacies of Egypt’s regulatory environment without the interface issues that can occur between international and local counsel. Working as a cohesive team means we can provide efficient, high-quality service with less duplication.
We have unrivalled international resources across 78 offices worldwide. Practicing in Egypt since 1986, our firm is deeply committed to furthering your business interests both within the Middle East and globally.
© Press Release 2022
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
