Aman Consumer Finance wrapped a EGP 928 mn securitized bond issuance, according to a statement from financial advisor CI Capital. This marks Aman Group’s eighth securitization, bringing cumulative issuances to more than EGP 7.4 bn. Aman Holding is a portfolio company of Raya Holding.

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About the bond: The issuance came in three tranches with tenors ranging between 6 and 24 months and ratings ranging from P1 and A- from Middle East Rating & Investors Service (Meris).

ADVISORS- CI Capital acted as sole financial advisor, issuance manager, bookrunner, and lead arranger. Zaki Hashem & Partners was legal counsel, while United for Auditing, Tax, Advisory & Financial Services (UHY) was the financial auditor.

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