We are pleased to have advised the Ministry of Finance in Egypt (MOF) on its first USD bond issuance in nearly two years, issuing USD 2 billion in 5- and 8-year bonds.

This significant transaction marks a crucial step in Egypt's efforts to re-enter the global bond market, leveraging rising investor interest in Egyptian debt. 

Our team was led by Hossam Gramon, Partner and Head of Banking & Project Finance, and Karima Seyam, Senior Associate, assisted by Junior Associates Mostafa Serry, Nour El Kholy, and Nour Osama.

We are pleased to have worked alongside our esteemed colleagues from Dechert LLP, the international counsel to the MOF; Linklaters; the international counsel to the banks; and Zaki Hashem, Attorneys at Law, local counsel to the banks.

It was a pleasure to collaborate with the teams at J.P. Morgan Securities, Citi, Goldman Sachs, Standard Chartered, Sumitomo Mitsui Banking Corporation - SMBC Group, and HSBC.

Congratulations to our client, MOF, on this groundbreaking achievement!

For more information, check out The Enterprise Company's coverage here.