{"id":678975,"date":"2025-12-28T00:00:00","date_gmt":"2025-12-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=678975"},"modified":"2025-12-28T04:05:21","modified_gmt":"2025-12-28T04:05:21","slug":"nuca-wraps-egp-20-bn-securitized-bond","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/","title":{"rendered":"NUCA wraps EGP 20 bn securitized bond"},"content":{"rendered":"

The Ne<\/strong>w Urban Communities Authority completed its eighth issuance, raising EGP 20 bn<\/strong>, according to a statement (pdf)<\/a> from counsel Dreny and Partners. The issuance was backed by a receivables portfolio from the authority and structured into three tranches rated AA+, AA, and AA- by Meris.<\/p>\n

ADVISORS- <\/strong>Al Ahly Pharos, CI Capital, CIB, and AAIB acted as financial advisors and lead arrangers. CIB, NBE, AAIB, Al Baraka Bank Egypt, and the Suez Canal Bank were underwriters. AIIB acted as bookrunner, CIB as custodian, and Baker Tilly as auditor.<\/p>\n

(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"

The issuance is one of the largest ever in Egypt<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7209],"tags":[111,7106,72,879,85],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-678975","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-debt","tag-enterpriseam","tag-new-urban-communities-authority","tag-securitization","wpautop","entry"],"acf":{"mongo_id":"d3b4e15f-4063-4b4e-8e4e-c5dd0e985ac8","order":"12","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s NUCA wraps EGP 20 bn securitized bond issuance","related_issue":[678956],"teaser":"The issuance is one of the largest ever in Egypt"},"yoast_head":"\nNUCA wraps EGP 20 bn securitized bond - 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\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NUCA wraps EGP 20 bn securitized bond\" \/>\n<meta property=\"og:description\" content=\"The issuance is one of the largest ever in Egypt\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-28T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-28T04:05:21+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\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\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"NUCA wraps EGP 20 bn securitized bond\",\"datePublished\":\"2025-12-28T00:00:00+00:00\",\"dateModified\":\"2025-12-28T04:05:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/\"},\"wordCount\":117,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"debt\",\"EnterpriseAM\",\"New Urban Communities Authority\",\"securitization\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/\",\"name\":\"NUCA wraps EGP 20 bn securitized bond - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2025-12-28T00:00:00+00:00\",\"dateModified\":\"2025-12-28T04:05:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NUCA wraps EGP 20 bn securitized bond\"}]},{\"@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 wraps EGP 20 bn securitized bond - 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\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/","og_locale":"en_US","og_type":"article","og_title":"NUCA wraps EGP 20 bn securitized bond","og_description":"The issuance is one of the largest ever in Egypt","og_url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2025-12-28T00:00:00+00:00","article_modified_time":"2025-12-28T04:05:21+00:00","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\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"NUCA wraps EGP 20 bn securitized bond","datePublished":"2025-12-28T00:00:00+00:00","dateModified":"2025-12-28T04:05:21+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/"},"wordCount":117,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["ALSO ON OUR RADAR","debt","EnterpriseAM","New Urban Communities Authority","securitization"],"articleSection":["Also on our Radar"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/","url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/","name":"NUCA wraps EGP 20 bn securitized bond - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2025-12-28T00:00:00+00:00","dateModified":"2025-12-28T04:05:21+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/28\/nuca-wraps-egp-20-bn-securitized-bond\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"NUCA wraps EGP 20 bn securitized bond"}]},{"@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":623290,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/efg-hermes-nbe-cib-and-aaib-bod-on-nucas-egp-4-5-bn-securitized-bond-issuance\/","url_meta":{"origin":678975,"position":0},"title":"EFG Hermes, NBE, CIB and AAIB bod on NUCA\u2019s EGP 4.5 bn securitized bond issuance","author":"enterpriseam admin","date":"25 October 2018","format":false,"excerpt":"EFG Hermes has formed a consortium with CIB, National Bank of Egypt (NBE), and Arab African International Bank (AAIB) to compete for the management of a EGP 4.5 bn New Urban Communities Authority (NUCA) securitized bond issuance, Al Mal reported. NUCA will use capital raised from the issuance to proceed\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":612792,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/02\/securitization-market-grew-2x-in-2023-amid-financial-services-boom\/","url_meta":{"origin":678975,"position":1},"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 "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\/12\/1609.jpg?fit=%2C&ssl=1&resize=350%2C200","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":678975,"position":2},"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 "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\/1\/26.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573177,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/22\/nuca-closes-egp-10-bn-securitized-bond-issuance\/","url_meta":{"origin":678975,"position":3},"title":"NUCA closes EGP 10 bn securitized bond issuance","author":"enterpriseam admin","date":"22 July 2020","format":false,"excerpt":"DEBT WATCH- NUCA closes EGP 10 bn securitized bond offering: The New Urban Communities Authority has closed its three-tranche, EGP 10 bn securitized bond issuance, Al Mal reports. The issuance was the largest of its kind in Egypt; proceeds are earmarked to finance development of new urban areas including the\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":566966,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/misr-capital-closes-egp-2-2-bn-securitized-bond-issuance-for-corplease\/","url_meta":{"origin":678975,"position":4},"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 "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\/1\/543.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":679900,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/05\/global-corp-gb-lease-close-fresh-securitization-issuances\/","url_meta":{"origin":678975,"position":5},"title":"Global Corp, GB Lease close fresh securitization issuances","author":"enterpriseam admin","date":"5 January 2026","format":false,"excerpt":"IFC anchors big Global Corp securitization + GB Lease closes new tranche We saw a flurry of buzzer-beaters at the end of last week as major consumer finance companies looked to book income and replenish their war chests heading into what will likely be a very busy year for the\u2026","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\/2026\/1\/61.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\/678975","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=678975"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/678975\/revisions"}],"predecessor-version":[{"id":679012,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/678975\/revisions\/679012"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/678956"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=678975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=678975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=678975"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=678975"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=678975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}