Latest in Tag: Misr Capital Highlight
Latest in Tag: Misr Capital
Misr Capital and Fawry launch ‘Fawry Yawmy’ money market fund using fintech for the first time in Egypt and MENA
With a minimum initial investment ticket of EGP 500, Fawry Yawmy relies on Fawry’s state-of-the-art fintech and its expansive retail presence to reach the largest number of individual investors, upon opening the purchase and redemption phase scheduled on 30 January 2022
9 banks participate in securitization bonds issuance worth EGP 2.4bn for CorpLease: Misr Capital
The issuance comes in four tranches, the first with a value of EGP 330m with a maturity period of 13 months, the second with a value of EGP 1.08bn with a maturity period of thirty-seven months, the third with a value of EGP 744.6m with a maturity period of 61 months, and the fourth with a value of EGP 202.4m with a maturity period of 73 months. The tranches have obtained distinguished credit ratings from Meres – Middle East for credit rating and investor service, AA+ for the first tranche, AA for the second, AA- for the third and BBB for the fourth.
Misr Capital completes EGP 749.8m worth securitized bonds issuance for EgyLease
Issuance comes in 4 tranches with maturities ranging from 9 to 60 months
Misr Capital launches first investment fund for CIAF, with initial size of EGP 100m
El-Bawab indicated that the fund allows individual investors to invest with the aim of maximizing returns and providing liquidity through a fund that provides a cumulative daily return
Misr Capital receives purchase, redemption orders for its debt instrument investment fund
Fund has been oversubscribed 2.4 times, with value of EGP 243m
Misr Capital launches fund to invest in debt instruments, with initial size of EGP 100m
Akef El-Maghraby, Vice Chairperson of Banque Misr and Chairperson of Misr Capital, said that launching the fund comes within the bank and the company’s philosophy of providing innovative investment solutions to individual investors, providing Ways to invest in the Egyptian debt market with an investment amount suitable for many segments of retail banking.
Misr Life Insurance, Misr Capital partner to launch EGP 100m investment fund
Fund’s assets will be invested in debt instruments issued by government, companies
Legislative, economic reforms drive Egyptian market growth: Misr Capital
CBE’s tendency to reduce interest rates created great demand from companies to finance their expansions through debt instruments
Misr Capital to launch over EGP 7bn worth securitised debt instrument offerings
Two securitised debt instrument offerings worth total EGP 4bn to take place before 2020 end, says Khalil El-Bawab
Misr Capital concludes EGP 2.2bn securitisation bond issuance for CorpLease
The eighth securitisation bond issuance for CorpLease – described by Misr Capital as “the largest leasing portfolio-backed securitised issuance yet on the Egyptian Exchange” – was backed by a single pool of receivables valued at EGP 3bn due before the legal maturity of the notes.
Misr Capital, Al Nour Consulting Group, Global Appraisal Tech begin Suez Canal Economic Zone land valuation
Land pricing in Ain Sokhna, East Port Said, and El-Qantarah has started