{"id":559204,"date":"2021-01-13T03:49:22","date_gmt":"2021-01-13T03:49:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/13\/amer-tmg-tap-securitized-bond-market\/"},"modified":"2021-01-13T03:49:22","modified_gmt":"2021-01-13T03:49:22","slug":"amer-tmg-tap-securitized-bond-market","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/13\/amer-tmg-tap-securitized-bond-market\/","title":{"rendered":"Amer, TMG tap securitized bond market"},"content":{"rendered":"

<\/a> Amer, Qasatli sell EGP 700 mn of asset backed securities: <\/strong>EFG Hermes has closed a EGP 700 mn sale of securitized bonds on behalf of four Amer Group companies and Omar Amer\u2019s mortgage lender Qasatli, the investment bank said yesterday (pdf)<\/a>. The bonds were backed by EGP 911 mn of accounts and notes receivables, and the offering was oversubscribed. The issuance was segmented into three tranches, which were rated AA+, AA, and A by the Middle East Credit Rating and Investors Services (Meris). Amer was reportedly looking to sell EGP 607 mn<\/a> of securities in the offering.<\/p>\n

Yesterday\u2019s offering was the first tranche of a larger EGP 6.5 bn program<\/strong> involving Amer and Qasatli that will be managed and promoted by EFG Hermes.<\/p>\n

Advisers:<\/strong> EFG Hermes is acting as the sole arranger and financial advisor for the program. Arab African International Bank, CIB, and Suez Bank acted as underwriters, while CIB was custodian.<\/p>\n

Meanwhile,<\/strong> four banks have snapped up Talaat Moustafa Group\u2019s EGP 870 mn securitized <\/strong>bond issuance<\/strong>, Hapi Journal<\/a> reports, citing sources close to the matter. CIB and Suez Canal bank purchased EGP 350 mn-worth of bonds each, while Banque du Caire signed on for EGP 105 mn and Abu Dhabi Commercial Bank took EGP 65 mn.<\/p>\n

Advisors: <\/strong>EFG Hermes acted as financial advisor and managed the issuance, while CIB and Suez Canal Bank acted as guarantors.<\/p>\n

What are securitized bonds, you ask? <\/strong>We\u2019ve got the answer to that, here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Amer, Qasatli sell EGP 700 mn of asset backed securities: EFG Hermes has closed a EGP 700 mn sale of securitized bonds on behalf of four Amer Group companies and Omar Amer\u2019s mortgage lender Qasatli, the investment bank said yesterday (pdf). The bonds were backed by EGP 911 mn of accounts and notes receivables, and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[832,88,84,72,3249,85,1517],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559204","post","type-post","status-publish","format-standard","hentry","category-debt-watch","tag-amer-group","tag-debt-watch","tag-efg-hermes","tag-enterpriseam","tag-qasatli","tag-securitization","tag-talaat-moustafa-group","wpautop","entry"],"acf":{"mongo_id":"05a8664d-e604-4ffa-9b14-eceae67ca904","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559192],"teaser":"","voice_url":""},"yoast_head":"\nAmer, TMG tap securitized bond market - 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\/2021\/01\/13\/amer-tmg-tap-securitized-bond-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amer, TMG tap securitized bond market\" \/>\n<meta property=\"og:description\" content=\"Amer, Qasatli sell EGP 700 mn of asset backed securities: EFG Hermes has closed a EGP 700 mn sale of securitized bonds on behalf of four Amer Group companies and Omar Amer\u2019s mortgage lender Qasatli, the investment bank said yesterday (pdf). The bonds were backed by EGP 911 mn of accounts and notes receivables, and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/13\/amer-tmg-tap-securitized-bond-market\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-13T03:49:22+00:00\" \/>\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\/2021\/01\/13\/amer-tmg-tap-securitized-bond-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/13\/amer-tmg-tap-securitized-bond-market\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Amer, TMG tap securitized bond market\",\"datePublished\":\"2021-01-13T03:49:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/13\/amer-tmg-tap-securitized-bond-market\/\"},\"wordCount\":242,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Amer Group\",\"debt watch\",\"EFG Hermes\",\"EnterpriseAM\",\"Qasatli\",\"securitization\",\"Talaat Moustafa Group\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/13\/amer-tmg-tap-securitized-bond-market\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/13\/amer-tmg-tap-securitized-bond-market\/\",\"name\":\"Amer, TMG tap securitized bond market - 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The sale is being managed by Misr Capital and CI Capital, which sources say have already begun\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572512,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/qasatli-efg-hermes-sign-contract-to-issue-egp-1-8-bn-securitized-bonds-for-amers-porto-and-mansour-groups\/","url_meta":{"origin":559204,"position":1},"title":"Qasatli, EFG Hermes sign contract to issue EGP 1.8 bn securitized bonds for Amer\u2019s Porto and Mansour groups","author":"enterpriseam admin","date":"28 June 2020","format":false,"excerpt":"EFG Hermes and newly set-up mortgage finance company Qasatli have signed an agreement to issue EGP 1.8 bn-worth of five-year securitized bonds for \u201ctwo of the largest real estate companies in Egypt,\u201d Qasatli said in a statement. Qasatli didn\u2019t name the issuers but Hapi Journal claims that Mansour Amer\u2019s Porto\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558937,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/03\/securitized-bonds-galore\/","url_meta":{"origin":559204,"position":2},"title":"Securitized bonds galore","author":"enterpriseam admin","date":"3 January 2021","format":false,"excerpt":"CI Capital\u2019s Corplease has closed a EGP 2.7 bn securitized bond issuance, the largest of its kind by a private sector company, investment bank Misr Capital said in a statement (pdf) over the weekend. The four-tranche sale was backed by EGP 3.4 bn in receivables from leasing contracts. The bonds\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\/1\/18.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":646026,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/04\/sarwa-issues-amer-group-securitized-bonds-worth-egp-233-mn\/","url_meta":{"origin":559204,"position":3},"title":"Sarwa issues Amer Group securitized bonds worth EGP 233 mn","author":"enterpriseam admin","date":"4 June 2017","format":false,"excerpt":"Three tranches of securitized bonds worth EGP 233 mn from Amer Group were issued by Sarwa Capital, Amer announced in a bourse statement. The three tranches given a local rating of AA+, AA, and A by MERIS.","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":675351,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/12\/arab-african-banks-leasing-arm-closed-its-first-securitization-raising-egp-804-mn\/","url_meta":{"origin":559204,"position":4},"title":"Arab African Bank\u2019s leasing arm closed its first securitization, raising EGP 804 mn","author":"enterpriseam admin","date":"12 November 2025","format":false,"excerpt":"PLUS- Amer Group subsidiaries closed an EGP 451 mn securitized bond issuance","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\/2025\/11\/836.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576484,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/25\/the-debt-market-is-really-heating-up-heading-into-2021\/","url_meta":{"origin":559204,"position":5},"title":"The debt market is really heating up heading into 2021","author":"enterpriseam admin","date":"25 November 2020","format":false,"excerpt":"DEBT WATCH- The debt market is really heating up heading into 2021: Two securitized bond offerings worth a combined EGP 4 bn are going to market before the end of the year, said Khalil El Bawab, the CEO of Banque Misr\u2019s investment arm Misr Capital, which is acting as lead\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\/2020\/11\/273.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\/559204","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=559204"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559204\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559192"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559204"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559204"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}