{"id":607524,"date":"2023-10-04T00:00:00","date_gmt":"2023-10-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/"},"modified":"2023-10-04T00:00:00","modified_gmt":"2023-10-04T00:00:00","slug":"contact-financial-closes-egp-1-5-bn-securitized-bond-issuance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/","title":{"rendered":"Contact Financial closes EGP 1.5 bn securitized bond issuance"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Contact Financial Holding has closed an EGP <\/strong><strong> 1.5 bn <\/strong><strong> securitized bond <\/strong><strong> issuance <\/strong> for subsidiaries in its consumer finance portfolio, including Contact Credit, the company said in <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/232.pdf\" style=\"\" rel=\"noopener\">a statement (pdf)<\/a>. The non-banking financial services went to market with a three-tranche issuance backed by an EGP 2.5 bn portfolio rated AA+, AA, and A from the Middle East Ratings & Investors Service (MERIS).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The buyers <\/strong><strong> : <\/strong>The issuance was subscribed to by Banque Misr, AAIB, Ahli United Bank, Al Ahly Pharos, and CI Capital, according to the statement.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> This is Contact\u2019s third issuance of the year<\/strong>,bringing the total value of securitized bonds issued by the company in 2023 to EGP 5.2 bn. The issuance is part of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fb500cad-bae7-4257-9002-2605fbbc2ee8\" style=\"\" rel=\"noopener\">larger<\/a> EGP 10 bn securitization program that the company <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f49473db-b2d7-439d-8283-ef9b54b043eb\" style=\"\" rel=\"noopener\">kicked off last November<\/a> to fund its subsidiaries and sister companies.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> More to come in 2023? <\/strong>The company said in June that it planned to wrap up the entire program by the end of this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> ADVISORS- <\/strong>Contact Financial Holding was issuance manager, subscription promoter, and coverage guarantor. Alieldean Weshahi & Partners provided legal counsel, while KPMG served as the auditor for the securitization process. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> DATA POINT- <\/strong>Egyptian companies have issued more than EGP 56.7 bn of securitized bonds so far this year, according to data tracked by Enterprise \u2014 25% more than what was taken to market across the whole of 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Contact Financial Holding has closed an EGP 1.5 bn securitized bond issuance for subsidiaries in its consumer finance portfolio, including Contact Credit, the company said in a statement (pdf). The non-banking financial services went to market with a three-tranche issuance backed by an EGP 2.5 bn portfolio rated AA+, AA, and A from the Middle [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":607525,"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":[1628,813,430,576,136,933,88,72,85],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-607524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-ahli-united-bank","tag-al-ahly-pharos","tag-arab-african-international-bank","tag-banque-misr","tag-ci-capital","tag-contact-financial","tag-debt-watch","tag-enterpriseam","tag-securitization","wpautop","entry"],"acf":{"mongo_id":"550dea1a-7377-421c-8dff-dde2b2574857","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/274.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s Contact Financial closes EGP 1.5 bn securitized bond issuance","related_issue":[607507],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.20e28d66-5974-4594-92d7-6c17bc979999.mp3"},"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>Contact Financial closes EGP 1.5 bn securitized bond 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\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Contact Financial closes EGP 1.5 bn securitized bond issuance\" \/>\n<meta property=\"og:description\" content=\"Contact Financial Holding has closed an EGP 1.5 bn securitized bond issuance for subsidiaries in its consumer finance portfolio, including Contact Credit, the company said in a statement (pdf). The non-banking financial services went to market with a three-tranche issuance backed by an EGP 2.5 bn portfolio rated AA+, AA, and A from the Middle [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-04T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Contact Financial closes EGP 1.5 bn securitized bond issuance\",\"datePublished\":\"2023-10-04T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/\"},\"wordCount\":225,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Ahli United Bank\",\"Al Ahly Pharos\",\"Arab African International Bank\",\"Banque Misr\",\"CI Capital\",\"Contact Financial\",\"debt watch\",\"EnterpriseAM\",\"securitization\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/\",\"name\":\"Contact Financial closes EGP 1.5 bn securitized bond issuance - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-10-04T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Contact Financial closes EGP 1.5 bn securitized bond issuance\"}]},{\"@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":"Contact Financial closes EGP 1.5 bn securitized bond issuance - 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\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/","og_locale":"en_US","og_type":"article","og_title":"Contact Financial closes EGP 1.5 bn securitized bond issuance","og_description":"Contact Financial Holding has closed an EGP 1.5 bn securitized bond issuance for subsidiaries in its consumer finance portfolio, including Contact Credit, the company said in a statement (pdf). The non-banking financial services went to market with a three-tranche issuance backed by an EGP 2.5 bn portfolio rated AA+, AA, and A from the Middle [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-10-04T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.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":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Contact Financial closes EGP 1.5 bn securitized bond issuance","datePublished":"2023-10-04T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/"},"wordCount":225,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.jpg?fit=%2C&ssl=1","keywords":["Ahli United Bank","Al Ahly Pharos","Arab African International Bank","Banque Misr","CI Capital","Contact Financial","debt watch","EnterpriseAM","securitization"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/","name":"Contact Financial closes EGP 1.5 bn securitized bond issuance - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.jpg?fit=%2C&ssl=1","datePublished":"2023-10-04T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/04\/contact-financial-closes-egp-1-5-bn-securitized-bond-issuance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Contact Financial closes EGP 1.5 bn securitized bond issuance"}]},{"@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\/2023\/10\/274.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/274.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\/2023\/10\/274.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":612792,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/02\/securitization-market-grew-2x-in-2023-amid-financial-services-boom\/","url_meta":{"origin":607524,"position":0},"title":"Securitization market grew 2x in 2023 amid financial services boom","author":"enterpriseam admin","date":"2 January 2024","format":false,"excerpt":"The total value of securitized bonds issued in Egypt in 2023 is around EGP 96.1 bn","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\/2023\/12\/1609.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":619728,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/09\/contact-financial-raises-egp-1-04-bn-from-securitized-bond-issuance\/","url_meta":{"origin":607524,"position":1},"title":"Contact Financial raises EGP 1.04 bn from securitized bond issuance","author":"enterpriseam admin","date":"9 May 2024","format":false,"excerpt":"The issuance was backed by a Contact Credit portfolio","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\/2024\/5\/593.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546939,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/02\/at-lease-closes-egp-1-6-bn-securitization\/","url_meta":{"origin":607524,"position":2},"title":"AT Lease closes EGP 1.6 bn securitization","author":"enterpriseam admin","date":"2 June 2022","format":false,"excerpt":"Shari\u2019ah-compliant leasing company AT Lease has closed its third securitized bond issuance worth EGP 1.6 bn, backed by a receivables portfolio of around EGP 2 bn, a source at the company confirmed to Enterprise, after the company released a statement (pdf). The firm\u2019s leasing portfolio currently stands at EGP 4\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\/6\/114.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":656431,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/04\/tamweel-mortgage-finance-at-lease-close-securitized-bond-issuances\/","url_meta":{"origin":607524,"position":3},"title":"Tamweel Mortgage Finance, AT Lease close securitized bond issuances","author":"enterpriseam admin","date":"4 December 2024","format":false,"excerpt":"The two transactions bring the total value of securitized bonds issued in Egypt this year to more than EGP 32.9 bn","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542549,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/03\/corplease-closes-egp-2-4-bn-securitized-bond-issuance\/","url_meta":{"origin":607524,"position":4},"title":"Corplease closes EGP 2.4 bn securitized bond issuance","author":"enterpriseam admin","date":"3 January 2022","format":false,"excerpt":"CI Capital\u2019s leasing arm Corplease has closed a four-tranche EGP 2.4 bn securitized bond issuance, investment bank Misr Capital said in a statement (pdf). The four tranches were rated AA+, AA, AA- and BBB by MERIS.Who took part? Banque Misr, Banque du Caire, National Bank of Egypt, CIB, AAIB, Attijariwafa\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\/1\/26.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":610932,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/","url_meta":{"origin":607524,"position":5},"title":"NUCA closes second EGP 15 bn securitized bond issuance this year","author":"enterpriseam admin","date":"29 November 2023","format":false,"excerpt":"NUCA keeps its spot as the biggest player in the local securitization market","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\/2023\/11\/1614.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\/607524","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=607524"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/607524\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/607507"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/607525"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=607524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=607524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=607524"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=607524"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=607524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}