We are pleased to have acted as legal counsel to Tawasoa Factoring and its shareholders on the successful public and private offering of its shares on the Egyptian Stock Exchange (EGX).
The offered shares represented 25% of the company’s issued capital and was executed across two tranches—a public offering for retail investors and a private placement for institutional and qualified investors.
This transaction marks a key step in ADSERO’s capital markets practice, reflecting our growing role in equity offerings and non-banking financial services in Egypt.
The transaction was led by Ahmed Adib, Partner, and Ibrahim El Messery, Counsel and the supervision of Dr. Ahmed Abdelgawad, Partner and Co-Head of M&A and Capital Markets, supported by Abdelrahman El Sherif, Associate, and Abdelrahman Amgad, Junior Associate.
We extend our congratulations to Mohamed Zaghloul, Samer Daoud, and Hussien Sedky, as well as our appreciation to all stakeholders who contributed to the successful execution of the offering.
To read more check Tawasoa’s post here.