Dreny & Partners
Global Guide 2024
About
Founder & Managing Partner:Motaz El Dreny
Senior Associate: 1
Managing Associates: 7
Associates: 14
Number of Of Counsel: 1
Languages:Arabic, English, French, German
Dreny & Partners was founded in 2018 with the aim of providing a comprehensive top-notch legal service for a diverse clientele. The firm has rapidly positioned itself as a leading firm in Egypt, offering practical and innovative legal solutions. The firm delivers high-quality services to a broad spectrum of international and local clients, as well as government institutions, ensuring the success of their business from a legal standpoint. With the recent surge in corporate transactions, the firm is well-versed in various issues requiring complex financing, including corporate governance, debt finance, investment funds, real estate, tax, securities litigation, environmental, intellectual property, and ERISA. Dreny & Partners is a diversified firm offering a multitude of legal services, managing transactions, and providing legal insight consistently and competently to a wide range of commercial, industrial, and financial clients in Egypt and globally. This has resulted in the firm's name being associated with most challenging, high-profile, and significant transactions in recent years.
Dreny & Partners takes pride in its extensive knowledge and unwavering dedication to securing the optimal outcomes for the needs of its clients. The firm provides a spectrum of services ranging from general corporate and commercial practices to capital market operations, encompassing intricate offerings and navigating challenging structured finance. The team at the firm boasts substantial experience in various corporate and capital market ventures, including public offerings, private placements, mergers and acquisitions, equity and debt capital markets, and debt restructuring. The firm's expertise extends further to advising clients from a business standpoint on a comprehensive range of legal matters, including investments and business activities in the MENA region.
Capital Markets:
Partners involved: Motaz El Dreny
The firm advised:
- Arab Company for Projects and Urban Development on the first ever securitization backed by a portfolio of club membership fees amounting to EGP 410.8 million.
- Hermes Securities Brokerage Company — a wholly owned subsidiary of EFG Hermes Holding on anunsecured short-term note worth EGP600 million.
- ValU 7th and 8th securitization transactionsfor their consumer finance portfolios amounting toEGP 1,504,750,000which comes as part of their 2nd wider multi-issuance program with a total value of EGP 9 billion.
- New Urban Communities Authority on its EGP 20 billion & EGP 30 billion securitized bond issuances subsequently.
- Bedaya Mortgage Finance 2nd securitization transaction amounting to EGP 958 million from a multi-issuance program of EGP 3 billion.
- Al Oula Mortgage Finance Company 1st securitization transaction amounting to EGP 998.5 million from a multi-issuance program of EGP 3 billion.
- Madinat Nasr for Housing & Development 2nd securitization transaction amounting to EGP 805.5 million from a multi-issuance program of EGP 3 billion.
- Aman Financial Services 1st securitization transaction amounting to EGP 403.4 million from a multi-issuance program of EGP 5 billion.
- ValU’s issuance of USD 34.5 million from a multi-issuance program amounting of USD 162.1 million.
- Premium International for Credit Services on its program of multiple securitization issuances worth EGP 2 billion.
- Raya Holding securitized bond issuance with a value of EGP 562 million and securitization transaction with value of EGP 497.5 million.
- Tanmeya EGY Lease’s 1st securitization transaction amounting to EGP 749.8 million.
- Global Corp Financial Service’s 4th securitization transaction for their financial leasing portfolio amounting to EGP 2.54 billion.
- Drive Finance securitization transaction amounting to EGP 1.4675 billion.
- B-TECH securitization transaction amounting to EGP 984.5 million.
- Al Ahly Tamkeen & Aur Microfinance in concluding their securitization transactions backed by micro-finance portfolios, amounting to EGP 1 billion.
- Egyptian Mortgage Refinance Co. in thefirst ever securitized transactionfor the sole refinancing institution in the Egyptian market that provides funds refinancing to mortgage lenders.
- AdvisedPremium International for Credit Services on its program of multiple securitization issuances worth EGP 2billion
Corporate and M&A:
Partners involved: Motaz El Dreny
The firm advised:
- Vodacom Group Limited South Africa in Egypt's largest ever acquisition; where Vodacom acquired 55% stake in Vodafone Egypt valued at Euro 2.5 billion.
- Vodacom Group Limited on its public takeover through a voluntary tender offer of the minority shares in Vodafone Egypt S.A.E valued at Euro 2.42 million.
- The sellers on the sale of Fancy Foods SAE to Edita Food Industries SAE, with the transaction being valued at EGP 380 million.
- Legal counsel for several venture capital debt facilities for Beltone Venture Capital S.A.E; aleadingfinancial services provider with a multi-decade track record of success in the MENA region.
- Legal advisor of Amel for Financial Services company’s restructuring,increase of its authorized and issued share capital, as well asits acquisition by thegroup’s holding company.
- Al Baraka Capital– a subsidiary ofAl Baraka Bank Egypton the first ever sharia compliant revenue-based finance fund, aimed at promoting small and medium enterprises (SMEs) working in the manufacturing sector in Egypt.
Banking & Finance:
Partners involved: Motaz El Dreny
The firm advised:
- The lenders in a syndicated finance deal of EGP 12.3 billion, between 11 of the top banks in Egypt & borrower, Gharably Integrated Engineering Company (GIECO); whereby GIECO is granted a MTL to finance the expansion of the northern & southern sides of the Abu Qir port, along with the development of the new city of Abu Qir.
- Arab African International Bank in granting Sky Investments a MTL amounting to EGP 1.3 billion to partially finance the investment cost of Park Street Complex.
- The firm advised Vodacom Group South Africa in the acquistion of 55% stake in Vodafone Egypt valued at Euro 2.5 billion.
- The firm advised Vodacom Group Sounth Africa on its public takeover through a voluntary tender offer of the minority shares in Vodafone Egypt valued at Euro 2.420 million.
- Capital Markets: Debt & Equity
- M&A
- Corporate & Commercial
- Banking & Finance
- Financial Restructuring
- Non-Banking Financial Services
- Real Estate
- IP & Trademarks
- Project Finanace
- Dispute Resolution
B10, The Polygon Business Park, El Sheikh Zayed, Giza, Egypt
+2 02 6334099
Ranked Offices
Provided by Dreny & Partners
- GizaB10, The Polygon Business Park Sheikh Zayed City , Giza, Giza, Egypt
- Tel: (+202) 38653877
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Dreny & Partners rankings
Articles, highlights and press releases
1 item provided by Dreny & Partners
Dreny & Partners dominated the Egyptian Deal Market in 2023 concluding more than 30 transactions with a total deal value of USD 2.2 billion
Dreny & Partners dominated the Egyptian Deal Market in 2023 concluding more than 30 transactions with a total deal value of USD 2.2 billion