{"id":594380,"date":"2019-10-28T04:07:21","date_gmt":"2019-10-28T04:07:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/raya-holding-subsidiaries-to-issue-securitized-bonds-worth-egp-500-mn\/"},"modified":"2019-10-28T04:07:21","modified_gmt":"2019-10-28T04:07:21","slug":"raya-holding-subsidiaries-to-issue-securitized-bonds-worth-egp-500-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/raya-holding-subsidiaries-to-issue-securitized-bonds-worth-egp-500-mn\/","title":{"rendered":"Raya Holding subsidiaries to issue securitized bonds worth EGP 500 mn"},"content":{"rendered":"

Raya Holding for Financial Investments subsidiaries Raya Electronics, Aman Financial Services, and Aman Microfinance are planning to issue EGP 500 mn of asset-backed securities, according to the local press<\/a>. CIB and the National Bank of Egypt will manage the securitization process and Dreny & Partners Law Firm will act as legal counsel. The issuance is pending review and approval from the Financial Regulatory Authority.<\/p>\n","protected":false},"excerpt":{"rendered":"

Raya Holding for Financial Investments subsidiaries Raya Electronics, Aman Financial Services, and Aman Microfinance are planning to issue EGP 500 mn of asset-backed securities, according to the local press. CIB and the National Bank of Egypt will manage the securitization process and Dreny & Partners Law Firm will act as legal counsel. The issuance is […]<\/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":[616,2372,240,72,311,248,614,85],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594380","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-aman-financial-services","tag-banking-finance","tag-cib","tag-enterpriseam","tag-microfinance","tag-national-bank-of-egypt","tag-raya-holding","tag-securitization","wpautop","entry"],"acf":{"mongo_id":"e1661c53-6a49-464e-9094-13eba104dae8","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[594352],"teaser":"","voice_url":""},"yoast_head":"\nRaya Holding subsidiaries to issue securitized bonds worth EGP 500 mn - 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\/10\/28\/raya-holding-subsidiaries-to-issue-securitized-bonds-worth-egp-500-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya Holding subsidiaries to issue securitized bonds worth EGP 500 mn\" \/>\n<meta property=\"og:description\" content=\"Raya Holding for Financial Investments subsidiaries Raya Electronics, Aman Financial Services, and Aman Microfinance are planning to issue EGP 500 mn of asset-backed securities, according to the local press. 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Raya had signed last month its first securitized bond issuance for its subsidiaries, Raya Electronics, Aman Financial Services,\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":594380,"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":593025,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/14\/raya-to-issue-securitized-bonds-worth-egp-500-mn\/","url_meta":{"origin":594380,"position":3},"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":[]},{"id":566833,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/15\/raya-establishes-aman-for-technology-nbfs-and-electronic-payments\/","url_meta":{"origin":594380,"position":4},"title":"Raya establishes Aman for Technology, NBFS, and Electronic Payments","author":"enterpriseam admin","date":"15 July 2021","format":false,"excerpt":"Raya to consolidate Aman subsidiaries into a holding company following FRA approval: Raya Holding gained approval from the Financial Regulatory Authority (FRA) to create a holding company for its subsidiaries Aman for E-Payments, Aman for Microfinance, and Aman for Financial Services, according to an EGX disclosure (pdf) released today. 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