Halan, the consumer finance arm of MNT-Halan, has closed a EGP 3.4 bn securitized bond issuance, the fourth under a EGP 8 bn program, according to a statement (pdf) from counsel Matouk Bassiouny & Hennawy.

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The details: The issuance came in five tranches with tenors ranging between 6 and 36 months and ratings ranging from P1 and A- from Middle East Rating & Investors Service (Meris).

ADVISORS- CIB and CI Capital acted as financial advisors, lead arrangers, general coordinators, issuance managers, and offering promoters. Matouk Bassiouny & Hennawy acted as legal counsel and Baker Tilly as auditor. CIB and Suez Canal Bank were underwriters.

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