DEBT WATCH- AT Lease pushes securitized bond issuance to 2021: AT Lease is looking at a securitized bond issuance in 2021, CEO Tarek Fahmy told localpress. Fahmy previously said the company would securitize EGP 1 bn of its portfolio in a three-tranche issuance during 3Q2020. The leasing company also plans to expand its factoring services for SMEs — which it launched last October after obtaining its license — during FY2021.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
Egypt’s funds crossed EGP 500 bn in 3Q on retail money and a stalling core
Money market funds stalled while retail piled into equity, index,…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…