Raouf added that the issuances will be made in the consumer finance, real estate, and financial leasing sectors, noting that the volume of financial and real estate leasing ranges from EGP 800m to EGP 1.2bn for each issuance, while the volume of the issuance for consumer finance is estimated to be about EGP 300m.
EFG Hermes announced, on Tuesday, that the first issuance of a securitisation programme worth a total of EGP 6.5bn for Amer Group, Porto Group, and Qasatli, has been successfully concluded. The financial services company acted as sole arranger and financial advisor on the EGP 700m issuance, which was covered more than one time. It is …
Company expects to engage in further securitisation transactions in 2021, says Chairperson
Issuance is part of a two-year EGP 2bn short-term securitisation programme
NUCA, Palm Hills, Raya Holding closet to implementation
Sukuk will attract new blood, raising awareness is challenging, says El-Sawy
