We, Dreny & Partners, are pleased to announce that we are currently acting as the legal advisor of five securitization transactions in factoring, consumer finance and real estate sectors namely, which worth a combined approximate amount of EGP 6 bn. Such issuances have been greenlit by the Egyptian Financial Regulatory Authority (“FRA”) on the 9th of December 2020. It is expected that these transactions to successfully close by the end of 2020. Amongst the abovementioned transactions are two multiple issuances programs. Securitized bonds are becoming the essence of debt finance in Egypt.