• CI Capital concludes the successful completion of a securitized bond issuance totaling EGP 255 million for AUR Capital.
• The issuance comprises two tranches: the first tranche, valued at EGP 168 million with a 6-month tenor, and the second tranche, valued at EGP 87 million with an 11-month tenor.
• The successful conclusion underscores CI Capital’s expertise in navigating the intricate debt capital market, reinforcing its commitment to facilitating strategic financial maneuvers for partners and clients.
CI Capital, announced the successful completion of a securitized bond issuance totaling EGP 255 million for AUR Capital, according to a recent company statement.
AUR Capital, a financial consulting company and subsidiary of AUR Capital Financial Group, served as the originator of the portfolio
This strategic deal represents the 16th successful transaction executed by CI Capital in the debt capital market over the past 12 months, boasting an aggregate value of EGP 34.726 billion.
The issuance was structured in two tranches, with the first tranche valued at EGP 168 million and a tenor of 6 months, and the second tranche valued at EGP 87 million with a tenor of 11 months.
Both tranches received the prestigious Prime 1 rating from Middle East Ratings and Investor Services (MERIS), reflecting the robust financial standing of the offering.
CI Capital, alongside AUR Capital and the Arab African International Bank, played pivotal roles as financial advisers, issuance managers, and lead arrangers throughout the issuance process. The legal advisory responsibilities were shouldered by Dreny and Partners, while KPMG-Hazem Hassan Consulting acted as the financial auditor for the issuance.
Last July, CI Capital also announced the successful conclusion of a 15 billion EGP securitized bond issuance on behalf of Al Taamir Securitization, the originator of The New Urban Communities Authority (NUCA).
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