{"id":542707,"date":"2022-01-12T04:06:26","date_gmt":"2022-01-12T04:06:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/"},"modified":"2022-01-12T04:06:26","modified_gmt":"2022-01-12T04:06:26","slug":"and-the-securitized-bonds-just-keep-on-comin","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/","title":{"rendered":"And the securitized bonds just keep on comin\u2019"},"content":{"rendered":"

<\/a> Madinet Nasr Housing and Development (MNHD) has closed its first EGP <\/strong>300 <\/strong>mn issuance<\/strong> as part of a three-year, EGP 3 bn securitization program, according to a statement (pdf)<\/a>. The bond is backed by a receivables portfolio of EGP 373.9 mn and consists of three fixed-interest tranches rated A through AA+. This is the first issuance from MNHD since 2019, when the company issued<\/a> EGP 370.5 mn in securitized bonds. The company had signed<\/a> an EGP 750 mn sale and leaseback agreement with EFG Hermes in December, which will include a few securitization issuances as follow-on transactions.<\/p>\n

Advisors: <\/strong>Our friends at EFG Hermes acted as sole financial adviser, transaction manager, book-runner, arranger and co-underwriter on the issuance. CIB also acted as an underwriter and custodian.<\/p>\n

This is the latest in a string of corporate paper to hit the market, with some EGP 7.2 bn in securitized bonds issued so far this year.<\/strong> GB Lease completed the sale of EGP 4.3 bn<\/a> of securitized bonds last week after CI Capital\u2019s leasing arm Corplease<\/a> kicked off the year with an EGP 2.4 bn issuance. Premium Card also closed a EGP 170 mn short-term securitized bond sale.A total of 19 securitized bond<\/a> issuances with a combined value of EGP 15.8 bn went to market last year, by our count.<\/p>\n

And there\u2019s more to come:<\/strong> Al Oula<\/a> is looking to issue EGP 900 mn in securitized bonds in 1H2022, Al Mal<\/a> quotes MD and Vice Chair Ayman Abdel Hamid as saying. Al Oula is currently in the process of appointing advisors for the issuance.<\/p>\n

Also in the pipeline: <\/strong>The Financial Regulatory Authority has okayed issuances by Cairo Housing and Development and its subsidiaries worth a combined EGP 336 mn. Premium Card is also looking to tap<\/a> the securitized bond market again this year with a two-tranche, EGP 500 mn issuance.<\/p>\n","protected":false},"excerpt":{"rendered":"

Madinet Nasr Housing and Development (MNHD) has closed its first EGP 300 mn issuance as part of a three-year, EGP 3 bn securitization program, according to a statement (pdf). The bond is backed by a receivables portfolio of EGP 373.9 mn and consists of three fixed-interest tranches rated A through AA+. This is the first […]<\/p>\n","protected":false},"author":1,"featured_media":542708,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7274],"tags":[88,84,72,353,85],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-542707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-debt-watch","tag-efg-hermes","tag-enterpriseam","tag-madinet-masr-for-housing-and-development","tag-securitization","wpautop","entry"],"acf":{"mongo_id":"2ed7b2bc-e904-41d3-a79a-0c4f1a2b9250","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/1\/140.jpg","photo_position":"above","related_issue":[542698],"teaser":"","voice_url":""},"yoast_head":"\nAnd the securitized bonds just keep on comin\u2019 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"And the securitized bonds just keep on comin\u2019\" \/>\n<meta property=\"og:description\" content=\"Madinet Nasr Housing and Development (MNHD) has closed its first EGP 300 mn issuance as part of a three-year, EGP 3 bn securitization program, according to a statement (pdf). The bond is backed by a receivables portfolio of EGP 373.9 mn and consists of three fixed-interest tranches rated A through AA+. This is the first […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-12T04:06:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"And the securitized bonds just keep on comin\u2019\",\"datePublished\":\"2022-01-12T04:06:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/\"},\"wordCount\":302,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1\",\"keywords\":[\"debt watch\",\"EFG Hermes\",\"EnterpriseAM\",\"Madinet Masr for Housing and Development\",\"securitization\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/\",\"name\":\"And the securitized bonds just keep on comin\u2019 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-01-12T04:06:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"And the securitized bonds just keep on comin\u2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"And the securitized bonds just keep on comin\u2019 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/","og_locale":"en_US","og_type":"article","og_title":"And the securitized bonds just keep on comin\u2019","og_description":"Madinet Nasr Housing and Development (MNHD) has closed its first EGP 300 mn issuance as part of a three-year, EGP 3 bn securitization program, according to a statement (pdf). The bond is backed by a receivables portfolio of EGP 373.9 mn and consists of three fixed-interest tranches rated A through AA+. This is the first […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-01-12T04:06:26+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"And the securitized bonds just keep on comin\u2019","datePublished":"2022-01-12T04:06:26+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/"},"wordCount":302,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1","keywords":["debt watch","EFG Hermes","EnterpriseAM","Madinet Masr for Housing and Development","securitization"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/","name":"And the securitized bonds just keep on comin\u2019 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1","datePublished":"2022-01-12T04:06:26+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/12\/and-the-securitized-bonds-just-keep-on-comin\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"And the securitized bonds just keep on comin\u2019"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/140.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":549985,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/10\/more-securitized-debt-coming\/","url_meta":{"origin":542707,"position":0},"title":"More securitized debt coming","author":"enterpriseam admin","date":"10 October 2022","format":false,"excerpt":"MNHD to tap securitization market before end of 1H 2023: EGX-listed Madinet Nasr Housing and Development (MNHD) is looking to take the second issuance of its three-year, EGP 3 bn securitization program to market before the end of 1H 2023, MNHD CEO Abdallah Sallam told Bloomberg Asharq (watch, runtime: 1:35).\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/174.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592016,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/egypts-nuca-securitization-program-to-get-underway\/","url_meta":{"origin":542707,"position":1},"title":"Egypt\u2019s NUCA securitization program to get underway:","author":"enterpriseam admin","date":"24 December 2019","format":false,"excerpt":"DEBT WATCH- NUCA\u2019s securitization program to get underway: A consortium made up of CIB and the National Bank of Egypt (NBE) is taking to market EGP 6 bn-worth of securitized bonds for the New Urban Communities Authority (NUCA), sources close to the matter told Al Mal. The issuance is expected\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578014,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/13\/valu-issues-egp-854-5-mn-in-securitized-bonds\/","url_meta":{"origin":542707,"position":2},"title":"valU issues EGP 854.5 mn in securitized bonds","author":"enterpriseam admin","date":"13 December 2022","format":false,"excerpt":"valU closes third securitized bond issuance: EFG Hermes\u2019 consumer finance arm valU has issued EGP 854.5 mn worth of securitized bonds, according to a statement from our friends at EFG Hermes. The single 12-month tranche is the third in valU\u2019s EGP 2 bn maiden securitization program and holds a Prime-1\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/253.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556479,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/27\/efg-hermes-corp-solutions-plans-egp-1-bn-bond-issuance-early-2022\/","url_meta":{"origin":542707,"position":3},"title":"EFG Hermes Corp-Solutions plans EGP 1 bn bond issuance early 2022","author":"enterpriseam admin","date":"27 October 2021","format":false,"excerpt":"EFG Hermes Corp-Solutions is planning a EGP 1 bn securitized bond sale early next year in early 2022, CEO Talal Elayat told Al Mal. This is in addition to a EGP 700 mn issuance the company is still planning to take to market later this quarter provided it gets regulatory\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/291.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578063,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/14\/premium-card-issues-egp-201-mn-in-securitized-bonds\/","url_meta":{"origin":542707,"position":4},"title":"Premium Card issues EGP 201 mn in securitized bonds","author":"enterpriseam admin","date":"14 December 2022","format":false,"excerpt":"Premium Card closes seventh securitized bond issuance: Consumer finance firm Premium International for Credit Services (Premium Card) has issued EGP 200.6 mn worth of securitized bonds, our friends at EFG Hermes, which advised on the transaction, said in a statement (pdf) yesterday. The bond was issued in a 10-month tranche\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/293.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":620431,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/21\/valu-raises-egp-617-mn-in-securitized-bonds\/","url_meta":{"origin":542707,"position":5},"title":"Valu raises EGP 617 mn in securitized bonds","author":"enterpriseam admin","date":"21 May 2024","format":false,"excerpt":"The issuance is part of a EGP 9 bn extended program and the ninth overall","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1606.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=542707"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542707\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/542698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/542708"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=542707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=542707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=542707"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=542707"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=542707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}