Securitization Bonds

EFG Hermes announces completion of 2nd issue of Valeo securitization bonds at LE 532.6M

Wed, 17 Aug 2022 - 04:07 GMT

The company obtained the approval of the Financial Regulatory Authority (FRA) on July 25, 2021 to proceed with the implementation of the program.

EFG Hermes completes 6th issuance of “Premium International” securitization bonds worth LE170M

Tue, 04 Jan 2022 - 02:44 GMT

The deal represents the company's first issuance of securitized bonds this year, after two issues last year as part of the two-year short-term securitization bond program for Premium International.

Upper Egypt Contracting, its sister companies issue securitization bonds worth LE331.6M

Sun, 02 Jan 2022 - 12:00 GMT

The FRA approved the issuance of securitization bonds for the general level of contracting with a value of LE 31.05 million, and for its sister companies, with a value of LE 301.64 million.

Egypt to approve issuance of 11 securitization bonds worth LE11.5B

Sun, 26 Dec 2021 - 01:04 GMT

Omran stated that their financing portfolios vary between real estate financing, financial leasing, and consumer financing.

NBE-CIB consortium implements securitization bond offering for "Aman" worth LE585M

Thu, 26 Aug 2021 - 04:07 GMT

Yahya Aboul Fotouh, Vice Chairman of the Board of Directors of the NBE, said in a statement Thursday that the bank is keen to expand non-bank debt instruments, stressing that his bank is exerting the necessary effort and care to meet the needs of the bank’s customers in various sectors that positively affect the wheel of the national economy.

SODIC announces success of its 1st issuance of LE 343M securitization bonds

Tue, 27 Jul 2021 - 02:00 GMT

The securitization bonds worth LE 343 million are secured by a portfolio of notes worth LE 384 million, representing the value of the special future installments of 753 units that were delivered in the Eastown Residences project in East Cairo, and the Caesar project in the North Coast.

Raya Holding's subsidiary considers issuing LE 600M securitization bond

Sun, 21 Feb 2021 - 02:58 GMT

Work will be done to obtain the approval of the Board of Directors of Aman Financial Services Company, the company's general assembly, and all other regulatory and governmental approvals prior to the completion of the securitization process to be carried out.

EFG Hermes issues 1st tranche of securitization bonds worth LE 700M for 3 companies

Tue, 12 Jan 2021 - 06:20 GMT

The company added in a statement today, Tuesday, that it played the role of the single-issue manager and financial advisor in the first issue amounting to LE 700 million.