{"id":592804,"date":"2019-11-06T04:00:59","date_gmt":"2019-11-06T04:00:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/tawriq-signs-egp-500-mn-securitization-issuance\/"},"modified":"2019-11-06T04:00:59","modified_gmt":"2019-11-06T04:00:59","slug":"tawriq-signs-egp-500-mn-securitization-issuance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/tawriq-signs-egp-500-mn-securitization-issuance\/","title":{"rendered":"Tawriq signs EGP 500 mn securitization issuance"},"content":{"rendered":"

Arabia Investment\u2019s Tawriq for Securitization will issue EGP 500 mn of asset-backed securities for Raya Holding, pending the approval of the Financial Regulatory Authority, according to a disclosure to the bourse (pdf)<\/a>. Raya had signed last month its first securitized bond issuance<\/a> for its subsidiaries, Raya Electronics, Aman Financial Services, and Aman Microfinance, worth EGP 500 mn and was reportedly seeking to issue more bonds next year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Arabia Investment\u2019s Tawriq for Securitization will issue EGP 500 mn of asset-backed securities for Raya Holding, pending the approval of the Financial Regulatory Authority, according to a disclosure to the bourse (pdf). Raya had signed last month its first securitized bond issuance for its subsidiaries, Raya Electronics, Aman Financial Services, and Aman Microfinance, worth EGP […]<\/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":[9298],"tags":[11043,2372,72,85],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592804","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-arabia-investments","tag-banking-finance","tag-enterpriseam","tag-securitization","wpautop","entry"],"acf":{"mongo_id":"bedec282-672d-4bdb-9266-b2b01ed77403","is_powered_by":true,"section_story_id":"f8448226-138a-4a75-8d7d-f4f3e3df0df1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[592767],"teaser":"","voice_url":""},"yoast_head":"\nTawriq signs EGP 500 mn securitization issuance - 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\/2019\/11\/06\/tawriq-signs-egp-500-mn-securitization-issuance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tawriq signs EGP 500 mn securitization issuance\" \/>\n<meta property=\"og:description\" content=\"Arabia Investment\u2019s Tawriq for Securitization will issue EGP 500 mn of asset-backed securities for Raya Holding, pending the approval of the Financial Regulatory Authority, according to a disclosure to the bourse (pdf). Raya had signed last month its first securitized bond issuance for its subsidiaries, Raya Electronics, Aman Financial Services, and Aman Microfinance, worth EGP […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/tawriq-signs-egp-500-mn-securitization-issuance\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-06T04:00:59+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\/2019\/11\/06\/tawriq-signs-egp-500-mn-securitization-issuance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/tawriq-signs-egp-500-mn-securitization-issuance\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Tawriq signs EGP 500 mn securitization issuance\",\"datePublished\":\"2019-11-06T04:00:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/tawriq-signs-egp-500-mn-securitization-issuance\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Arabia Investments\",\"BANKING + FINANCE\",\"EnterpriseAM\",\"securitization\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/tawriq-signs-egp-500-mn-securitization-issuance\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/tawriq-signs-egp-500-mn-securitization-issuance\/\",\"name\":\"Tawriq signs EGP 500 mn securitization issuance - 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CIB and the National Bank of Egypt will manage the securitization process and Dreny & Partners Law Firm will act as\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":621714,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/aman-to-issue-egp-250-300-mn-securities-to-establish-securitization-firm-considers-financial-leasing\/","url_meta":{"origin":592804,"position":1},"title":"Aman to issue EGP 250-300 mn securities, to establish securitization firm, considers financial leasing","author":"enterpriseam admin","date":"15 November 2018","format":false,"excerpt":"Raya Holding subsidiary Aman is planning to issue EGP 250-300 mn-worth of asset-backed securities, pending Financial Regulatory Authority (FRA) approval of the company\u2019s bid to establish a securitization arm, Raya CEO and founder Medhat Khalil tells Al Mal. CIB will run the bookbuilding process for the issuance and El Derini\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":594455,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/30\/raya-signs-off-on-issuing-securitized-bonds-worth-egp-500-mn\/","url_meta":{"origin":592804,"position":2},"title":"Raya signs off on issuing securitized bonds worth EGP 500 mn","author":"enterpriseam admin","date":"30 October 2019","format":false,"excerpt":"Raya issues securitized bonds worth EGP 500 mn: Raya Holding signed yesterday its first securitized bond issuance for its subsidiaries, Raya Electronics, Aman Financial Services, and Aman Microfinance, worth EGP 500 mn, Hapi reports. The issuance was in four tranches, three of which were short-term, with maturities of six, nine\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\/2\/194.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":582102,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/13\/rayas-aman-financial-services-issues-egp-400-mn-in-securitized-bonds\/","url_meta":{"origin":592804,"position":3},"title":"Raya\u2019s Aman Financial Services issues EGP 400 mn in securitized bonds","author":"enterpriseam admin","date":"13 February 2023","format":false,"excerpt":"Aman taps securitized market: Raya Holding\u2019s non-banking financial services outfit Aman Financial Services issued EGP 403 mn in securitized bonds, kicking off an EGP 5 mn securitization program, it said in a statement to the EGX (pdf). 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