Egypt's GlobalCorp issues eighth securitization bond - News Summed Up

Egypt's GlobalCorp issues eighth securitization bond


GlobalCorp Financial Services has successfully completed its eighth securitization bond issuance, valued at EGP 2.5bn, following approval from Egypt’s Financial Regulatory Authority (FRA). A notable feature of the issuance was the participation of the International Finance Corporation (IFC), marking its first-ever investment in an Egyptian securitization bond. The issuance was led by Commercial International Bank (CIB) and Al Ahly Pharos as financial advisors, arrangers, promoters, and issuance managers. Subscription saw participation from several major financial institutions, including the National Bank of Egypt, Commercial International Bank, Arab African International Bank, Suez Canal Bank, Al Baraka Bank, Attijariwafa Bank, in addition to the International Finance Corporation. Founded in 2015, GlobalCorp Financial Services Group provides integrated financial solutions across leasing, factoring, securitization, consumer finance, and mortgage finance.


Source: Daily News Egypt December 31, 2025 06:27 UTC



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