EFG Corp-Solutions closed a EGP 3.82 bn securitization backed by a portfolio of financial leasing contracts, according to a press release (pdf). This comes a little over six months after EFG Finance’s leasing and factoring unit issued a EGP 2.65 bn, 13-month corporate bond, the country’s largest-ever by a private sector issuer.

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ADVISORS- Our friends at EFG Hermes quarterbacked the transaction as the financial advisor, with Matouk Bassiouny & Hennawy providing counsel. KPMG served as the auditor, and Meris was the rating agency.

No shortage of securitization: This is the fourth securitization transaction to close this month, following an EGP 735 mn securitized bond issuance by Valu, an EGP 804 mn maiden issuance by Arab African International Leasing, and a EGP 928 mn issuance by Aman Consumer Finance.

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