Dechert International Capital Markets Team Honored with Middle East Award

 
April 06, 2020

A key Middle East transaction on which Dechert advised – the Republic of Egypt’s US$2 billion triple-tranche bond issuance, which took place in November 2019 – was named “Sovereign Debt Deal of the Year” at GFC Media Group’s Bonds, Loans & Sukuk Middle East Awards 2020.

Dechert’s London-based international capital markets team advised Egypt in connection with bond issuance, which took place under the Republic’s US$30 billion Global Medium Term Note Programme and comprised US$500 million 4.5500% Notes due 2023, US$1 billion 7.0529% Notes due 2032 and US$500 million 8.1500% Notes due 2059. The Dechert team was led by partner Patrick Lyons and associates Jennifer Rees and Amy Rees.

The November 2019 issuance followed Egypt’s €2 billion dual-trance issuance in April 2019 and US$4 billion multi-tranche issuance in February 2019, on which Dechert’s capital markets team also advised.

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Dechert is a leading global law firm with 26 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.

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