{"id":610932,"date":"2023-11-29T00:00:00","date_gmt":"2023-11-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/"},"modified":"2023-11-29T00:00:00","modified_gmt":"2023-11-29T00:00:00","slug":"nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/","title":{"rendered":"NUCA closes second EGP 15 bn securitized bond issuance this year"},"content":{"rendered":"

NUCA just completed its EGP 30 bn securitization program: <\/strong>The New Urban Communities Authority (NUCA) has closed a EGP 15 bn securitized bond issuance, the second and final issuance in a EGP 30 bn program, according to a statement (pdf)<\/a> from Al Ahly Pharos, which acted as one of the financial advisors on the transaction.<\/p>\n

About the issuance: <\/strong>The four-tranche issuance was backed by a receivables portfolio originated by NUCA, was composed of four tranches worth EGP 1.3 bn, EGP 3.9 bn, EGP 4.8 bn tranche, and EGP 5.0 bn. The tranches received a rating of Prime 1, AA, AA-, and A-, respectively, from the Middle East Ratings and Investors Service (MERIS).<\/p>\n

The buyers:<\/strong> The issuance was subscribed to by Banque Misr, the National Bank of Egypt, Banque du Caire, CIB, Suez Canal Bank, and QNB.<\/p>\n

Remember: <\/strong>NUCA in July closed<\/a> the first EGP 15 bn issuance of the program, which at the time had already been the largest in Egypt so far this year and the first of the EGP 30 bn program. The issuances are the largest in Egypt in 2023, with the crown having previously been held by MNT-Halan, which closed a USD 140 mn (EGP 3 bn) transaction in February.<\/p>\n

NUCA keeps its spot as biggest player in the securitization market:<\/strong> NUCA has been setting records in the securitization market in recent years, issuing a total of EGP 70 bn of securities since 2019. It set new records in 2020 with a EGP 10 bn<\/a> issuance, and 2022 after closing a EGP 20 bn<\/a> transaction.<\/p>\n

Advisors:<\/strong> Al Ahly Pharos, CIB, and CI Capital acted as the financial advisors, transaction managers, book-runners, and arrangers. Banque Misr acted as the custodian, CIB acted as the placement agent, and Baker Tilly was the auditor of the transaction. Dreny & Partners was counsel.<\/p>\n

**Feeling a bit lost?<\/strong> We recently broke down the different roles in the securitization process in an explainer<\/a>.<\/p>\n

DATA POINT-<\/strong> Companies have now issued around EGP 77.5 bn worth of securitized bonds so far this year, 71% more than what was taken to market in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

NUCA keeps its spot as the biggest player in the local securitization market<\/p>\n","protected":false},"author":1,"featured_media":610933,"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":[813,7145,726,576,240,88,6505,72,248,879,625,85,1164],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-610932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-al-ahly-pharos","tag-baker-tilly","tag-banque-du-caire","tag-banque-misr","tag-cib","tag-debt-watch","tag-dreny-partners","tag-enterpriseam","tag-national-bank-of-egypt","tag-new-urban-communities-authority","tag-qnb-alahli","tag-securitization","tag-suez-canal-bank","wpautop","entry"],"acf":{"mongo_id":"7c8ac437-201b-4d6f-bc7c-65382476b94c","order":"0","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/11\/1614.JPG","photo_position":"above","homepage_title":"","full_issue_title":"NUCA closes second EGP 15 bn securitized bond issuance of 2023","related_issue":[610921],"teaser":"NUCA keeps its spot as the biggest player in the local securitization market","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.1238cb0c-9a29-442f-9b93-cea24aea42eb.mp3"},"yoast_head":"\nNUCA closes second EGP 15 bn securitized bond issuance this year - 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\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NUCA closes second EGP 15 bn securitized bond issuance this year\" \/>\n<meta property=\"og:description\" content=\"NUCA keeps its spot as the biggest player in the local securitization market\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-29T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.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\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NUCA closes second EGP 15 bn securitized bond issuance this year\",\"datePublished\":\"2023-11-29T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/\"},\"wordCount\":336,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.JPG?fit=%2C&ssl=1\",\"keywords\":[\"Al Ahly Pharos\",\"Baker Tilly\",\"Banque du Caire\",\"Banque Misr\",\"CIB\",\"debt watch\",\"Dreny & Partners\",\"EnterpriseAM\",\"National Bank of Egypt\",\"New Urban Communities Authority\",\"QNB Alahli\",\"securitization\",\"Suez Canal Bank\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/\",\"name\":\"NUCA closes second EGP 15 bn securitized bond issuance this year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.JPG?fit=%2C&ssl=1\",\"datePublished\":\"2023-11-29T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.JPG?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.JPG?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NUCA closes second EGP 15 bn securitized bond issuance this year\"}]},{\"@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":"NUCA closes second EGP 15 bn securitized bond issuance this year - 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\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/","og_locale":"en_US","og_type":"article","og_title":"NUCA closes second EGP 15 bn securitized bond issuance this year","og_description":"NUCA keeps its spot as the biggest player in the local securitization market","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-11-29T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.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\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"NUCA closes second EGP 15 bn securitized bond issuance this year","datePublished":"2023-11-29T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/"},"wordCount":336,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.JPG?fit=%2C&ssl=1","keywords":["Al Ahly Pharos","Baker Tilly","Banque du Caire","Banque Misr","CIB","debt watch","Dreny & Partners","EnterpriseAM","National Bank of Egypt","New Urban Communities Authority","QNB Alahli","securitization","Suez Canal Bank"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/","name":"NUCA closes second EGP 15 bn securitized bond issuance this year - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.JPG?fit=%2C&ssl=1","datePublished":"2023-11-29T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.JPG?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.JPG?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/nuca-closes-second-egp-15-bn-securitized-bond-issuance-this-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"NUCA closes second EGP 15 bn securitized bond issuance this year"}]},{"@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\/11\/1614.JPG?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1614.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\/11\/1614.JPG?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":590193,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/16\/nuca-closes-largest-securitization-of-the-year\/","url_meta":{"origin":610932,"position":0},"title":"NUCA closes largest securitization of the year","author":"enterpriseam admin","date":"16 July 2023","format":false,"excerpt":"The issuance is part of a EGP 30 bn 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\/7\/557.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":678975,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/","url_meta":{"origin":610932,"position":1},"title":"NUCA wraps EGP 20 bn securitized bond","author":"enterpriseam admin","date":"28 December 2025","format":false,"excerpt":"The issuance is one of the largest ever in Egypt","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":609280,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/02\/tasaheel-closes-egp-3-bn-securitized-bond-issuance-plus-nuca-has-another-issuance-in-the-wings\/","url_meta":{"origin":610932,"position":2},"title":"Tasaheel closes EGP 3 bn securitized bond issuance. PLUS: NUCA has another issuance in the wings.","author":"enterpriseam admin","date":"2 November 2023","format":false,"excerpt":"There\u2019s plenty more news from the nation\u2019s red-hot securitization market, which has now seen the value of bonds taken to the market rise more than a third compared to the same time last year. UP FIRST- CI Capital has closed an EGP 3 bn securitized bond issuance for MNT-Halan\u2019s microfinance\u2026","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\/80.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":610932,"position":3},"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 "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":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":610932,"position":4},"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 "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\/2022\/10\/97.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":617830,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/28\/nuca-eyes-egp-260-bn-sukuk-issuance-in-2024\/","url_meta":{"origin":610932,"position":5},"title":"NUCA eyes EGP 260 bn sukuk issuance in 2024","author":"enterpriseam admin","date":"28 March 2024","format":false,"excerpt":"NUCA\u2019s issuance would be the first of its kind from a government entity","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\/3\/2541.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\/610932","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=610932"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/610932\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/610921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/610933"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=610932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=610932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=610932"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=610932"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=610932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}