{"id":559245,"date":"2021-01-14T03:45:32","date_gmt":"2021-01-14T03:45:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/"},"modified":"2021-01-14T03:45:32","modified_gmt":"2021-01-14T03:45:32","slug":"palm-hills-tapping-al-taamir-for-securitization","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/","title":{"rendered":"Palm Hills tapping Al Taamir for securitization?"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Al Taamir is in talks to manage Palm Hills Developments\u2019 (PHD) <\/strong><strong>planned EGP 650 mn securitized bond issuance<\/strong>, which is expected to go to market this quarter, Al Taamir Chairman Mazen Hassan tells <a href=\"https:\/\/bit.ly\/35zezTG\">Al Mal<\/a>. Al Taamir \u2014 a special purpose vehicle set up by the New Urban Communities Authority \u2014 led the largest ever four-tranche securitized bond offering in Egypt <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e156a486-52ca-4556-b121-54d25219ce31\">last year<\/a>, and is expected to seek regulatory approval for PHD\u2019s issuance by the end of the month. Al Taamir is looking to issue EGP 2 bn of asset-backed securities this year.<\/p>\n<p><strong>Securitization bonanza picking up steam:<\/strong> PHD late <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7781d265-be69-4137-85d1-85116a1c32d3\">last year<\/a> issued the company\u2019s largest ever EGP 1.25 bn securitized bond offering following the frenzy of securitized bond issuances in 2020 that has so far shown <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/13714ae6-1bf7-4a08-9921-028fd0fb838d\">no sign of slowing down<\/a> this year. CI Capital\u2019s Corplease has already closed a EGP 2.7 bn issuance <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/510fb761-11b7-4c5a-8cdb-6b1b17a33727\">earlier this month<\/a>, while GB Auto subsidiaries GB Lease and Drive Finance, took a combined EGP 3 bn securitized bond offering to market. Amer Group and TMG <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/05a8664d-e604-4ffa-9b14-eceae67ca904\">earlier this week<\/a> sold EGP 700 mn of asset-backed securities.<\/p>\n<p style='font-size: 18px;font-weight: bold' >Sukuk markets are heating up<\/p>\n<p><strong>Expect to see a flurry of global sukuk activity this year<\/strong><strong> as an economic recovery takes hold in the GCC, Turkey, Malaysia and Indonesia<\/strong>, <a href=\"https:\/\/www.spglobal.com\/ratings\/en\/research\/articles\/210112-global-sukuk-issuance-is-set-to-increase-in-2021-11794854\">S&P Global<\/a> says. The research house also sees record-low interest rates and ample liquidity keeping market conditions \u201cbuoyant \u201c throughout the year, driving an anticipated USD 140-155 bn-worth of sukuk issuances this year. Some USD 139.8 bn of sukuk were sold in 2020, down from USD 167.3 bn in 2019.<\/p>\n<p><strong>The note doesn\u2019t make mention of Egypt, which is gearing up for its first sovereign sukuk issuance <\/strong>once legislation that allows the government to sell the debt instruments to investors clears the House of Representatives. The bill <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/998365f3-19a3-4861-998b-637eefc9b9e2\">should be finalized<\/a> during the current legislative session, which began earlier this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Al Taamir is in talks to manage Palm Hills Developments\u2019 (PHD) planned EGP 650 mn securitized bond issuance, which is expected to go to market this quarter, Al Taamir Chairman Mazen Hassan tells Al Mal. Al Taamir \u2014 a special purpose vehicle set up by the New Urban Communities Authority \u2014 led the largest ever [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":559246,"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":[317,88,2500,72,879,354,678,287,280,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-commodities","tag-debt-watch","tag-el-taamir-securitization","tag-enterpriseam","tag-new-urban-communities-authority","tag-palm-hills-developments","tag-planning-ministry","tag-smes","tag-sukuk","tag-trade","wpautop","entry"],"acf":{"mongo_id":"51cd6810-9d79-4e09-81cc-0b282073d260","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/1\/167.jpg","photo_position":"above","related_issue":[559235],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Palm Hills tapping Al Taamir for securitization? - 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\/14\/palm-hills-tapping-al-taamir-for-securitization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palm Hills tapping Al Taamir for securitization?\" \/>\n<meta property=\"og:description\" content=\"Al Taamir is in talks to manage Palm Hills Developments\u2019 (PHD) planned EGP 650 mn securitized bond issuance, which is expected to go to market this quarter, Al Taamir Chairman Mazen Hassan tells Al Mal. Al Taamir \u2014 a special purpose vehicle set up by the New Urban Communities Authority \u2014 led the largest ever [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-14T03:45:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Palm Hills tapping Al Taamir for securitization?\",\"datePublished\":\"2021-01-14T03:45:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/\"},\"wordCount\":309,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.jpg?fit=%2C&ssl=1\",\"keywords\":[\"commodities\",\"debt watch\",\"El Taamir Securitization\",\"EnterpriseAM\",\"New Urban Communities Authority\",\"Palm Hills Developments\",\"Planning Ministry\",\"SMEs\",\"sukuk\",\"trade\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/\",\"name\":\"Palm Hills tapping Al Taamir for securitization? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-01-14T03:45:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Palm Hills tapping Al Taamir for securitization?\"}]},{\"@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":"Palm Hills tapping Al Taamir for securitization? - 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\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/","og_locale":"en_US","og_type":"article","og_title":"Palm Hills tapping Al Taamir for securitization?","og_description":"Al Taamir is in talks to manage Palm Hills Developments\u2019 (PHD) planned EGP 650 mn securitized bond issuance, which is expected to go to market this quarter, Al Taamir Chairman Mazen Hassan tells Al Mal. Al Taamir \u2014 a special purpose vehicle set up by the New Urban Communities Authority \u2014 led the largest ever [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-01-14T03:45:32+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.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":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Palm Hills tapping Al Taamir for securitization?","datePublished":"2021-01-14T03:45:32+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/"},"wordCount":309,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.jpg?fit=%2C&ssl=1","keywords":["commodities","debt watch","El Taamir Securitization","EnterpriseAM","New Urban Communities Authority","Palm Hills Developments","Planning Ministry","SMEs","sukuk","trade"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/","name":"Palm Hills tapping Al Taamir for securitization? - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.jpg?fit=%2C&ssl=1","datePublished":"2021-01-14T03:45:32+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/palm-hills-tapping-al-taamir-for-securitization\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Palm Hills tapping Al Taamir for securitization?"}]},{"@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\/2021\/1\/167.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/167.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\/2021\/1\/167.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":560079,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/sarwa-state-backed-al-taamir-to-team-up-on-securitization\/","url_meta":{"origin":559245,"position":0},"title":"Sarwa, state-backed Al Taamir to team up on securitization","author":"enterpriseam admin","date":"15 February 2021","format":false,"excerpt":"Sarwa Capital will partner with state-affiliated securitization outfit Al Taamir to manage and promote securitized bond sales for the private sector, Al Taamir Chairman Mazen Hassan said in an interview with Hapi Journal. The two will begin by collaborating on Palm Hills Development\u2019s planned EGP 650 mn issuance, which Hassan\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/224.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558233,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/02\/securitization-market-continues-to-heat-up\/","url_meta":{"origin":559245,"position":1},"title":"Securitization market continues to heat up","author":"enterpriseam admin","date":"2 August 2021","format":false,"excerpt":"Egypt\u2019s securitization market shows no sign of sliding into summer vacation. After a slow start to the year, upmarket developer SODIC, Palm Hills Development, Premium International and Arabia Investments Holding subsidiary Rawaj have all closed issuances of asset-backed securities this year.And the pipeline looks deep: SODIC, EFG Hermes, Contact Financial\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/47.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592830,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/efg-hermes-nbe-conclude-al-taamir-securitized-bond-issuance\/","url_meta":{"origin":559245,"position":2},"title":"EFG Hermes, NBE conclude Al Taamir securitized bond issuance","author":"enterpriseam admin","date":"7 November 2019","format":false,"excerpt":"DEBT WATCH- EFG Hermes, NBE conclude largest securitized issuance yet on EGX: EFG Hermes and the National Bank of Egypt have completed a second securitized bond issuance for Al Taamir Securitization. The issuance reportedly includes five tranches backed by a EGP 6 bn receivables portfolio held by the New Urban\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":557272,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/13\/egylease-to-issue-egp-750-mn-in-securitized-bonds\/","url_meta":{"origin":559245,"position":3},"title":"EgyLease to issue EGP 750 mn in securitized bonds","author":"enterpriseam admin","date":"13 September 2021","format":false,"excerpt":"Financial leasing company EgyLease is working to issue EGP 750 mn in securitized bonds, a move that is being carried out by Misr Capital and state-affiliated securitization firm Al Taamir, Al Taamir Chairman Mazen Hassan told Hapi Journal, without providing further details. Al Taamir is busy right now: The special\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/166.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576029,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/08\/egx-lists-fourth-tranche-of-al-taamirs-egp-10-bn-securitized-bond-issuance\/","url_meta":{"origin":559245,"position":4},"title":"EGX lists fourth tranche of Al Taamir\u2019s EGP 10 bn securitized bond issuance","author":"enterpriseam admin","date":"8 November 2020","format":false,"excerpt":"DEBT WATCH- The fourth tranche of Al Taamir\u2019s EGP 10 bn securitized bond issuance has been listed on the EGX, according to an EGX disclosure (pdf). Al Taamir is a special purpose vehicle set up by the New Urban Communities Authority (NUCA), and proceeds from the issuance will be put\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":549812,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/02\/record-egp-20-bn-issuance-tops-wave-of-securitizations-bringing-ytd-total-to-2x-last-year\/","url_meta":{"origin":559245,"position":5},"title":"Record EGP 20 bn issuance tops wave of securitizations, bringing YTD total to >2x last year","author":"enterpriseam admin","date":"2 October 2022","format":false,"excerpt":"Last week was a big one for the securitized bondmarket. A blockbuster EGP 20 bn issuance by the New Urban Communities Authority\u2019s (NUCA) Al Taamir headed up a string of securitizations last week, as an already hot market gets hotter. Last week\u2019s issuances more than double the total value of\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","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\/97.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\/559245","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=559245"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559245\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559235"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/559246"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559245"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559245"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}