Al Ahly Pharos advises on EGP 3.52bn Tasaheel securitization deal - News Summed Up

Al Ahly Pharos advises on EGP 3.52bn Tasaheel securitization deal


Al Ahly Pharos, the investment banking arm of the National Bank of Egypt, successfully acted as financial advisor, transaction lead arranger, underwriter, and book-runner for Capital Securitization Company’s fourth securitization issuance of the 12th program, valued at EGP 3.52bn. The issuance is secured by a portfolio worth EGP 4.27bn assigned by Tasaheel for Financing S.A.E. The National Bank of Egypt also acted as placement agent, while Suez Canal Bank served as custodian. The securitization issuance comprises two tranches rated by MERIS as P1 and A-. The first tranche is valued at EGP 1.845bn with a 12-month tenor, while the second tranche totals EGP 1.675bn with a 24-month tenor.


Source: Daily News Egypt January 04, 2026 18:45 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */