Egypt - AUR Capital has acted as the issuance manager and financial advisor in the second securitized bond issuance for AUR Securitization, in cooperation with the Arab African International Bank (AAIB), which acted as issuance manager, financial advisor, arranger and promoter of the issuance and guarantor of the subscription coverage. This is the second issuance for AUC Financial Leasing. Ashraf Salman, Chairman of AUR Capital, said the second issuance of the group comes within its framework to provide non-traditional financing tools and rapid liquidity for the group’s companies. AUR Capital is one of the direct investment companies operating in the Egyptian market. Successive capital increases have taken place, to currently reach an authorized capital of EGP 500m, an issued capital of EGP 330m, and a paid-up capital of EGP 249m.
