{"id":634003,"date":"2018-01-02T04:29:22","date_gmt":"2018-01-02T04:29:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/"},"modified":"2018-01-02T04:29:22","modified_gmt":"2018-01-02T04:29:22","slug":"fra-approves-issuance-of-egp-1-1-bn-securitization-bonds","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/","title":{"rendered":"FRA approves issuance of EGP 1.1 bn securitization bonds"},"content":{"rendered":"<p>The Financial Regulatory Authority <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/12\/Press-Release-7th-Bond-Issuance-CORPLEASE-28Dec2017.docx\">approved the issuance<\/a> of around EGP 1.1 bn in securitization bonds by the Egyptian Securitization Company. The bonds are backed by the portfolio of Corporate Leasing Company (Corplease). CIB acted as the subscriber and custodian of the transaction with AAIB, Suez Canal Bank, and Banque Misr as the consortium of manager, promoters, and guarantors. Zaki Hashem & Partners were the legal advisors to Corplease and the Egyptian Securitization Company and Ernst & Young acted as the transaction\u2019s auditor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Regulatory Authority approved the issuance of around EGP 1.1 bn in securitization bonds by the Egyptian Securitization Company. The bonds are backed by the portfolio of Corporate Leasing Company (Corplease). CIB acted as the subscriber and custodian of the transaction with AAIB, Suez Canal Bank, and Banque Misr as the consortium of manager, [&hellip;]<\/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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634003","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"9b321792-346b-4bfc-bb67-5fc3bc4526eb","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"FRA approves issuance of EGP 1.1 bn securitization bonds","related_issue":[633965],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.28560617-2c08-437c-b4a8-cea653d8868e.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>FRA approves issuance of EGP 1.1 bn securitization bonds - 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\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA approves issuance of EGP 1.1 bn securitization bonds\" \/>\n<meta property=\"og:description\" content=\"The Financial Regulatory Authority approved the issuance of around EGP 1.1 bn in securitization bonds by the Egyptian Securitization Company. The bonds are backed by the portfolio of Corporate Leasing Company (Corplease). CIB acted as the subscriber and custodian of the transaction with AAIB, Suez Canal Bank, and Banque Misr as the consortium of manager, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-02T04:29:22+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\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA approves issuance of EGP 1.1 bn securitization bonds\",\"datePublished\":\"2018-01-02T04:29:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/\"},\"wordCount\":88,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/\",\"name\":\"FRA approves issuance of EGP 1.1 bn securitization bonds - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-02T04:29:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FRA approves issuance of EGP 1.1 bn securitization bonds\"}]},{\"@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":"FRA approves issuance of EGP 1.1 bn securitization bonds - 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\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/","og_locale":"en_US","og_type":"article","og_title":"FRA approves issuance of EGP 1.1 bn securitization bonds","og_description":"The Financial Regulatory Authority approved the issuance of around EGP 1.1 bn in securitization bonds by the Egyptian Securitization Company. The bonds are backed by the portfolio of Corporate Leasing Company (Corplease). CIB acted as the subscriber and custodian of the transaction with AAIB, Suez Canal Bank, and Banque Misr as the consortium of manager, [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-01-02T04:29:22+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"FRA approves issuance of EGP 1.1 bn securitization bonds","datePublished":"2018-01-02T04:29:22+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/"},"wordCount":88,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["BANKING + FINANCE","EnterpriseAM"],"articleSection":["Banking + Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/","name":"FRA approves issuance of EGP 1.1 bn securitization bonds - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-01-02T04:29:22+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/fra-approves-issuance-of-egp-1-1-bn-securitization-bonds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"FRA approves issuance of EGP 1.1 bn securitization bonds"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":632146,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/corplease-issues-egp-1-074-bn-securitization-bonds-through-five-banks\/","url_meta":{"origin":634003,"position":0},"title":"Corplease issues EGP 1.074 bn securitization bonds through five banks","author":"enterpriseam admin","date":"4 February 2018","format":false,"excerpt":"Corporate Leasing Company (Corplease) has issued EGP 1.074 bn in securitization bonds through a five-bank consortium, Al Masry Al Youm reports. The consortium includes CIB, Banque Misr, the National Bank of Egypt, AAIB, and Suez Canal Bank, which acted as managers, promoters, and guarantors. The issuance has been divided into\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":653022,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/24\/corplease-issuing-securitized-bonds-worth-egp-1-148-bn\/","url_meta":{"origin":634003,"position":1},"title":"Corplease issuing securitized bonds worth EGP 1.148 bn","author":"enterpriseam admin","date":"24 January 2017","format":false,"excerpt":"Banque Misr, National Bank of Egypt (NBE), and CIB are preparing to issue a multiple-tranche asset-backed securitized bonds with a total value of EGP 1.148 bn through the Egyptian Securitization Company on behalf of CIB subsidiary Corplease, NBE Deputy Chairman Mahmoud Montasser told Al Mal. NBE is issuing 40% of\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":612792,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/02\/securitization-market-grew-2x-in-2023-amid-financial-services-boom\/","url_meta":{"origin":634003,"position":2},"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":566966,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/misr-capital-closes-egp-2-2-bn-securitized-bond-issuance-for-corplease\/","url_meta":{"origin":634003,"position":3},"title":"Misr Capital closes EGP 2.2 bn securitized bond issuance for Corplease","author":"enterpriseam admin","date":"8 January 2020","format":false,"excerpt":"DEBT WATCH- Misr Capital closes EGP 2.2 bn securitized bond issuance for Corplease: Misr Capital has concluded a EGP 2.2 bn securitized bond issuance on behalf of CI Capital\u2019s Corplease, according to Al Mal. The four-tranche issuance was backed by EGP 3 bn in receivables from leasing contracts. The tranches\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/543.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":610851,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/28\/al-ahly-leasing-and-factoring-raises-egp-1-1-bn-from-securitized-bond-issuance\/","url_meta":{"origin":634003,"position":4},"title":"Al Ahly Leasing and Factoring raises EGP 1.1 bn from securitized bond issuance","author":"enterpriseam admin","date":"28 November 2023","format":false,"excerpt":"This is the first issuance in Al Ahly Securitization Company\u2019s third securitization program","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\/1514.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558937,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/03\/securitized-bonds-galore\/","url_meta":{"origin":634003,"position":5},"title":"Securitized bonds galore","author":"enterpriseam admin","date":"3 January 2021","format":false,"excerpt":"CI Capital\u2019s Corplease has closed a EGP 2.7 bn securitized bond issuance, the largest of its kind by a private sector company, investment bank Misr Capital said in a statement (pdf) over the weekend. The four-tranche sale was backed by EGP 3.4 bn in receivables from leasing contracts. The bonds\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\/2021\/1\/18.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\/634003","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=634003"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634003\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/633965"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634003"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634003"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}