We are pleased to announce the successful completion of the 1st bond issuance for EFGCS for EGP 500 million, from multi-issuances program up to EGP 3 billion.

We, Dreny and Partners acted as the legal advisor for the transaction, EFG Hermes Investment banking unit acted as the issuance lead arranger and financial advisor.

Commenting on this landmark issuance, Associate Sherine El Menyawy said: “We are very pleased with the success of the first bond issuance for EFGCS, as we value our long business relationship with EFG Hermes, where we always team up to reach successful closings through providing valuable services”.

Managing Partner Motaz El Dreny added: “We are extremely delighted for being part of such successful transaction while working alongside a proficient team”. El Dreny added: “I would like to extend my utmost gratitude to my amazing team for their hard work and continuous dedication, who are always determined to offer an exceptional value service to our partners, and to dominate the capital market field. Looking forward to more forthcoming accomplishments”.

This transaction was led by the Managing Partner Motaz El Dreny, Associate Sherine El Menyawy and Associate Abdelrehim Ashraf.

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For more information, please contact: info@dreny.partners