Morgan Stanley structures deal for the Egyptian General Petroleum Corporation

When Morgan Stanley put together its structured deal with state-owned Egyptian General Petroleum Corporation (EGPC), it was treading very new ground. The deal enabled EGPC to issue notes above the Egyptian sovereign rating and combined a bond issuing with hedging.

The deal drew on both Morgan Stanley's financial engineering skills, especially for leveraged structured finance expertise, and its commodities capabilities, in particular physical operations and hedge execution.

After creating a

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: