{"id":615198,"date":"2024-02-14T00:00:00","date_gmt":"2024-02-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/"},"modified":"2024-02-14T00:00:00","modified_gmt":"2024-02-14T00:00:00","slug":"globalcorp-issues-egp-1-35-bn-securitized-bond-issuance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/","title":{"rendered":"GlobalCorp issues EGP 1.35 bn securitized bond issuance"},"content":{"rendered":"

GlobalCorp raises EGP 1.35 bn in securitized bonds: <\/strong>Non-banking financial services firm GlobalCorp has issued a EGP 1.35 bn securitized bond issuance, according to a statement (pdf)<\/a> from the company. The issuance, which is part of an EGP 10 bn securitization program, came in three tranches rated AA+, AA,, and A.<\/p>\n

ICYM- <\/strong>GlobalCorp sold EGP 2.54 bn in securitized bonds in August<\/a> under the same program.<\/p>\n

Advisors:<\/strong> The Commercial International Bank (CIB) and Al Ahly Pharos acted as financial advisors, lead arrangers, and transaction managers. CIB also served as custodian, while the National Bank of Egypt (NBE) was bookrunner. CIB, NBE, and Suez Canal Bank were underwriters. Meanwhile, Dreny and Partners served as counsel and KPMG as auditor.<\/p>\n

DATA POINT-<\/strong>Companies have raised nearly EGP 6.1 bn from securitization so far this year,according to data tracked by Enterprise.<\/p>\n","protected":false},"excerpt":{"rendered":"

The issuance is part of GlobalCorp\u2019s EGP 10 bn securitization program<\/p>\n","protected":false},"author":1,"featured_media":615199,"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":[88,72,1832,85],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-615198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-debt-watch","tag-enterpriseam","tag-globalcorp","tag-securitization","wpautop","entry"],"acf":{"mongo_id":"c535c9e6-e7fb-4e20-9dd3-39ea363c7f2e","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/1347.jpg","photo_position":"above","homepage_title":"","full_issue_title":"GlobalCorp issues EGP 1.35 bn securitized bond issuance","related_issue":[615191],"teaser":"The issuance is part of GlobalCorp\u2019s EGP 10 bn securitization program","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.d5195b02-4a5e-4b0f-809f-99b3c39a8461.mp3"},"yoast_head":"\nGlobalCorp issues EGP 1.35 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\/2024\/02\/14\/globalcorp-issues-egp-1-35-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=\"GlobalCorp issues EGP 1.35 bn securitized bond issuance\" \/>\n<meta property=\"og:description\" content=\"The issuance is part of GlobalCorp\u2019s EGP 10 bn securitization program\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-14T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.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\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GlobalCorp issues EGP 1.35 bn securitized bond issuance\",\"datePublished\":\"2024-02-14T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/\"},\"wordCount\":140,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.jpg?fit=%2C&ssl=1\",\"keywords\":[\"debt watch\",\"EnterpriseAM\",\"GlobalCorp\",\"securitization\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/\",\"name\":\"GlobalCorp issues EGP 1.35 bn securitized bond issuance - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-02-14T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GlobalCorp issues EGP 1.35 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":"GlobalCorp issues EGP 1.35 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\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/","og_locale":"en_US","og_type":"article","og_title":"GlobalCorp issues EGP 1.35 bn securitized bond issuance","og_description":"The issuance is part of GlobalCorp\u2019s EGP 10 bn securitization program","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-02-14T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.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\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"GlobalCorp issues EGP 1.35 bn securitized bond issuance","datePublished":"2024-02-14T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/"},"wordCount":140,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.jpg?fit=%2C&ssl=1","keywords":["debt watch","EnterpriseAM","GlobalCorp","securitization"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/","name":"GlobalCorp issues EGP 1.35 bn securitized bond issuance - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.jpg?fit=%2C&ssl=1","datePublished":"2024-02-14T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/14\/globalcorp-issues-egp-1-35-bn-securitized-bond-issuance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"GlobalCorp issues EGP 1.35 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\/2024\/2\/1347.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1347.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\/2024\/2\/1347.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":638206,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/11\/globalcorp-issues-egp-1-32-bn-in-securitized-bonds\/","url_meta":{"origin":615198,"position":0},"title":"GlobalCorp issues EGP 1.32 bn in securitized bonds","author":"enterpriseam admin","date":"11 August 2024","format":false,"excerpt":"The issuance is part of GlobalCorp\u2019s EGP 10 bn 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\/2024\/8\/812.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578560,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/04\/globalcorp-issues-egp-1-1-bn-in-securitized-bonds\/","url_meta":{"origin":615198,"position":1},"title":"GlobalCorp issues EGP 1.1 bn in securitized bonds","author":"enterpriseam admin","date":"4 January 2023","format":false,"excerpt":"GlobalCorp closed an EGP 1.1 bn issuance of securitized bonds on 29 December, CEO and Managing Director Hatem Samir reportedly told Hapi Journal.In detail: The issuance included three tranches, each with an A+ credit rating.This is part of a larger, EGP 5 bn program: This is the third issuance in\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\/1\/63.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604299,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/globalcorp-closes-egp-2-54-bn-securitized-bond-issuance\/","url_meta":{"origin":615198,"position":2},"title":"GlobalCorp closes EGP 2.54 bn securitized bond issuance","author":"enterpriseam admin","date":"29 August 2023","format":false,"excerpt":"GlobalCorp has securitized EGP 5.9 bn of its portfolio since 2021","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\/8\/1345.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":671036,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/31\/globalcorp-closes-egp-4-9-bn-securitized-bond-issuances\/","url_meta":{"origin":615198,"position":3},"title":"GlobalCorp closes EGP 4.9 bn securitized bond issuances","author":"enterpriseam admin","date":"31 August 2025","format":false,"excerpt":"The issuances include the company\u2019s seventh leasing-backed bond and its first mortgage-backed issuance","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\/10\/451.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554317,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/29\/globalcorp-tamweel-close-securitized-bond-offerings\/","url_meta":{"origin":615198,"position":4},"title":"GlobalCorp, Tamweel close securitized bond offerings","author":"enterpriseam admin","date":"29 December 2021","format":false,"excerpt":"GlobalCorp issued the first EGP 985 mn tranche of a EGP 5 bn securitized bond program, the non-bank lender announced in a press release. The program is set to be completed by 2023, according to the statement.The issuance includes three tranches with ratings of A+, AA and A, respectively, according\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\/2021\/12\/542.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553452,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/securitized-bond-market-is-still-red-hot\/","url_meta":{"origin":615198,"position":5},"title":"Securitized bond market is still red-hot","author":"enterpriseam admin","date":"5 December 2021","format":false,"excerpt":"Palm Hills Development closed on Thursday a four-tranche EGP 1 bn securitized bond issuance, marking the company\u2019s seventh securitized bond since 2016, PHD said in a statement (pdf). The issuance was backed by a EGP 1.05 bn receivables portfolio. The tranches were rated AA+, AA, A+, and A-.Advisors: Sarwa Promotion\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\/2021\/12\/222.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\/615198","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=615198"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/615198\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/615191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/615199"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=615198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=615198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=615198"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=615198"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=615198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}