{"id":570456,"date":"2020-04-01T04:26:33","date_gmt":"2020-04-01T04:26:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/"},"modified":"2020-04-01T04:26:33","modified_gmt":"2020-04-01T04:26:33","slug":"fra-asks-securitized-bondholders-to-extend-maturities","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/","title":{"rendered":"FRA asks securitized bondholders to extend maturities"},"content":{"rendered":"

<\/a> DEBT WATCH- FRA asks securitized bond holders to extend maturities:<\/strong> The Financial Regulatory Authority approved a request from corporate bond issuers to extend the maturities of securitized bonds by six months and asked bondholders to follow suit, according to an official statement<\/a>.<\/p>\n

Background: <\/strong>A number of players in the securitized bond market met with the FRA<\/a> earlier this week to request a six-month extension to maturities after the regulator granted a similar grace period<\/a> for clients of mortgage lenders, factoring and leasing companies.<\/p>\n","protected":false},"excerpt":{"rendered":"

DEBT WATCH- FRA asks securitized bond holders to extend maturities: The Financial Regulatory Authority approved a request from corporate bond issuers to extend the maturities of securitized bonds by six months and asked bondholders to follow suit, according to an official statement. Background: A number of players in the securitized bond market met with the […]<\/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":[8572],"tags":[7106,72,593,76,4888,242,4890,2061,85,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570456","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-debt","tag-enterpriseam","tag-factoring","tag-financial-regulatory-authority","tag-holders","tag-leasing","tag-maturities","tag-mortgage-finance","tag-securitization","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d3e1bee9-826f-4b60-b69a-f9afa0c8321c","is_powered_by":true,"section_story_id":"8926ffc6-5b95-4fc2-8d37-7ca3c9cb4420","story_type":"1","photo_url":"","photo_position":"above","related_issue":[570447],"teaser":"","voice_url":""},"yoast_head":"\nFRA asks securitized bondholders to extend maturities - 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\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA asks securitized bondholders to extend maturities\" \/>\n<meta property=\"og:description\" content=\"DEBT WATCH- FRA asks securitized bond holders to extend maturities: The Financial Regulatory Authority approved a request from corporate bond issuers to extend the maturities of securitized bonds by six months and asked bondholders to follow suit, according to an official statement. Background: A number of players in the securitized bond market met with the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-01T04:26:33+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA asks securitized bondholders to extend maturities\",\"datePublished\":\"2020-04-01T04:26:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"debt\",\"EnterpriseAM\",\"factoring\",\"Financial Regulatory Authority\",\"Holders\",\"leasing\",\"Maturities\",\"mortgage finance\",\"securitization\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/\",\"name\":\"FRA asks securitized bondholders to extend maturities - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-04-01T04:26:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FRA asks securitized bondholders to extend maturities\"}]},{\"@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":"FRA asks securitized bondholders to extend maturities - 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\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/","og_locale":"en_US","og_type":"article","og_title":"FRA asks securitized bondholders to extend maturities","og_description":"DEBT WATCH- FRA asks securitized bond holders to extend maturities: The Financial Regulatory Authority approved a request from corporate bond issuers to extend the maturities of securitized bonds by six months and asked bondholders to follow suit, according to an official statement. Background: A number of players in the securitized bond market met with the […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-04-01T04:26:33+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"FRA asks securitized bondholders to extend maturities","datePublished":"2020-04-01T04:26:33+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/"},"wordCount":90,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["debt","EnterpriseAM","factoring","Financial Regulatory Authority","Holders","leasing","Maturities","mortgage finance","securitization","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/","name":"FRA asks securitized bondholders to extend maturities - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-04-01T04:26:33+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/01\/fra-asks-securitized-bondholders-to-extend-maturities\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"FRA asks securitized bondholders to extend maturities"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":570420,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/31\/corporate-bond-issuers-want-to-extend-their-maturities\/","url_meta":{"origin":570456,"position":0},"title":"Corporate bond issuers want to extend their maturities","author":"enterpriseam admin","date":"31 March 2020","format":false,"excerpt":"DEBT WATCH- Corporate bond issuers want to extend their maturities: A number of players in the securitized bond market have held talks with the Financial Regulatory Authority over negotiating with bondholders to extend maturities for an additional six months after it granted a similar grace period for clients of mortgage\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":570125,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/fra-orders-mortgage-lenders-factoring-and-leasing-companies-to-give-clients-six-month-grace-period\/","url_meta":{"origin":570456,"position":1},"title":"FRA orders mortgage lenders, factoring and leasing companies to give clients six-month grace period","author":"enterpriseam admin","date":"19 March 2020","format":false,"excerpt":"Mortgage lenders, factoring and leasing companies to give clients six-month grace period: The Financial Regulatory Authority has ordered mortgage lenders, factoring and leasing companies to give a six-month grace period to any client who asks. This comes after the Central Bank of Egypt moved to extend the tenor of all\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":610851,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/28\/al-ahly-leasing-and-factoring-raises-egp-1-1-bn-from-securitized-bond-issuance\/","url_meta":{"origin":570456,"position":2},"title":"Al Ahly Leasing and Factoring raises EGP 1.1 bn from securitized bond issuance","author":"enterpriseam admin","date":"28 November 2023","format":false,"excerpt":"This is the first issuance in Al Ahly Securitization Company\u2019s third securitization program","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\/2023\/11\/1514.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":657999,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/30\/efg-finances-bedaya-issues-egp-1-8-bn-in-securitized-bonds-contact-al-ahly-leasing-close-securitization-rounds\/","url_meta":{"origin":570456,"position":3},"title":"EFG Finance\u2019s Bedaya issues EGP 1.8 bn in securitized bonds + Contact, Al Ahly Leasing close securitization rounds","author":"enterpriseam admin","date":"30 December 2024","format":false,"excerpt":"The issuance included four tranches with tenors ranging from 13 to 81 months","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\/12\/2491.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591881,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/19\/egypts-efg-subsidiary-is-first-to-issue-short-term-debt-under-new-fra-framework\/","url_meta":{"origin":570456,"position":4},"title":"Egypt\u2019s EFG subsidiary is first to issue short-term debt under new FRA framework","author":"enterpriseam admin","date":"19 December 2019","format":false,"excerpt":"DEBT WATCH- EFG Hermes subsidiary to end decade-long dry spell for corporate bond issuances: EFG Hermes subsidiary Hermes Securities Brokerage will become the first company tap the debt market by issuing short-term corporate bonds under a new regulatory framework introduced by the Financial Regulatory Authority (FRA) last year, Al Mal\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\/2019\/7\/efg-hermes-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593025,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/14\/raya-to-issue-securitized-bonds-worth-egp-500-mn\/","url_meta":{"origin":570456,"position":5},"title":"Raya to issue securitized bonds worth EGP 500 mn","author":"enterpriseam admin","date":"14 November 2019","format":false,"excerpt":"The Financial Regulatory Authority has signed off on Raya Holding\u2019s plans for its second EGP 497.5 mn securitized bond issuance for its subsidiaries, Raya Electronics, Aman Financial Services, and Aman Microfinance, the company said in a bourse disclosure (pdf). The four-tranche issuance will include bonds with maturities of six, nine,\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/570456","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=570456"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/570456\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/570447"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=570456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=570456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=570456"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=570456"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=570456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}