- 8th Securitized Bond Issue:
The bond was issued in December 2019 over 4 tranches totaling EGP 2,202,995,000 and was backed by 116 financial leasing contracts originated by Corporate Leasing Company – Corplease.
Transaction initial details:
| Tranche | Amount (EGP MM) | % of Notes | Tenor | Floating Coupon (%) | Frequency | Rating |
| A | 385.52 | 17.5% | 13 months | 91 days T-Bills + 0.40% | Monthly | AA+ (sf) |
| B | 886.24 | 40.2% | 37 months | 91 days T-Bills + 0.90% | Monthly | AA (sf) |
| C | 748.77 | 34% | 61 months | 91 days T-Bills + 1.40% | Monthly | AA- (sf) |
| D | 182.465 | 8.3% | 84 months | 91 days T-Bills + 1.80% | Monthly | BBB (sf) |
| Total | 2,202.925 | 100% |
The Notes maturity dates have been extended by 6 months from their initial maturity dates following the FRA initiative dated March 18th, 2020, to postpone lease installments for 6 months (from March 2020 to September 2020) due to the COVID-19 pandemic. Bondholders approved such an extension on May 31st, 2020. The outstanding principal balances of tranches B. C and D have been adjusted by adding the capitalized interest amount covering the 6 months period.
On August 30th, 2021, and based on the issuer request, bondholders agreed on changing the issue pricing reference from the 91 days T-Bills to CBE lending corridor to match with the portfolio pricing reference. Such change was reflected starting from Oct-21 coupon payment.
- 9th Securitized Bond Issue:
The bond was issued in November 2020 over 3 tranches totaling EGP 1,246,000,000 and was backed by a portfolio of Real Estate receivables originated by Palm Hills Development Co. and five of its subsidiaries (Eastern New Cairo for Real Estate Development, Palm Hills Middle East Co. for Real Estate Investment, Saudi Company for Urban Developments, Palm Real Estate Development, and Rakeen Egypt for Real Estate Investment Company).
Transaction initial details:
| Tranche | Amount (EGP MM) | % of Notes | Tenor (month) | Fixed Coupon (%) | Frequency | Rating |
| A | 373.8 | 30% | 13 | 11.43% | Quarterly | AA+ (sf) |
| B | 685.3 | 55% | 36 | 12.03% | Monthly* | AA (sf) |
| C | 186.9 | 15% | 61 | 12.33% | Monthly* | A (sf) |
| Total | 1,246 | 100% |
*Coupon of Tranches B & C will be paid quarterly during the first 13 months and monthly thereafter.
- 10th Securitized Bond Issue:
The bond was issued in December 2020 over 4 tranches totaling EGP 2,718,320,000 and was backed by 168 financial leasing contracts originated by Corporate Leasing Company – Corplease.
Transaction initial details:
| Tranche | Amount (EGP MM) | % of Notes | Tenor | Floating Coupon (%) | Frequency | Rating |
| A | 576.20 | 21.2% | 13 months | CBE Lending Corridor + 0.15% | Monthly | AA+ (sf) |
| B | 1,277.12 | 46.98% | 37 months | CBE Lending Corridor + 0.30% | Monthly | AA (sf) |
| C | 702.50 | 25.84% | 61 months | CBE Lending Corridor + 0.60% | Monthly | AA- (sf) |
| D | 162.50 | 5.98% | 84 months | CBE Lending Corridor + 0.80% | Monthly | BBB (sf) |
| Total | 2,718.32 | 100% |
- 11th Securitized Bond Issue:
The bond was issued in December 2021 over 4 tranches totaling EGP 2,718,320,000 and was backed by 99 financial leasing contracts originated by Corporate Leasing Company – CorpLease.
Transaction initial details:
| Tranche | Amount (EGP MM) | % of Notes | Tenor | Floating Coupon (%) | Frequency | Rating |
| A | 330 | 14% | 13 months | CBE Lending Corridor + 0.15% | Monthly | AA+ (sf) |
| B | 1,080 | 45.82% | 37 months | CBE Lending Corridor + 0.25% | Monthly | AA (sf) |
| C | 744.6 | 31.59% | 61 months | CBE Lending Corridor + 0.45% | Monthly | AA- (sf) |
| D | 202.4 | 8.59% | 73 months | CBE Lending Corridor + 0.70% | Monthly | BBB (sf) |
| Total | 2,357 | 100% |
- 1st Program – 1st issue BLNK:
The 1st program is totaling EGP 2 billion to be issued over several issues, where the first Bond issue was issued in November 2022 over 3 tranches totaling EGP 202,000,000 and was backed by a portfolio of Consumer Finance receivables originated by BLNK Consumer Finance Co.
Transaction initial details:
| Tranche | Amount (EGP MM) | % of Notes | Tenor | Fixed Coupon (%) | Frequency | Rating |
| A | 62.2 | 30.79% | 6 months | 13.83% | Monthly | P1 (sf) |
| B | 64.8 | 32.08% | 12 months | 14.65% | Monthly | P1 (sf) |
| C | 75 | 37.13% | 34 months | 16.85% | Monthly | A (sf) |
| Total | 202 | 100% |
- 2nd Program – 1st issue REEFY:
The 2nd program is totaling EGP 3 billion to be issued over several issues, where the first Bond issue was issued in August 2023 over 3 tranches totaling EGP 700,000,000 and was backed by a portfolio of Micro Finance receivables originated by Reefy – Micro Finance Enterprise Services Co.
Transaction initial details:
| Tranche | Amount (EGP MM) | % of Notes | Tenor | Fixed Coupon (%) | Frequency | Rating |
| A | 317 | 45.29% | 6 months | 20.00% | Monthly | P1 (sf) |
| B | 273 | 39.00% | 12 months | 21.05% | Monthly | P1 (sf) |
| C | 110 | 15.71% | 19 months | 21.75% | Monthly | A (sf) |
| Total | 700 | 100% |
*1st coupon to be paid 3 months after offer closure (end of October 2023).
- 13th Securitized Bond Issue:
The bond was issued in December 2023 over 4 tranches totaling EGP 3,177,000,000 and was backed by 142 financial leasing contracts originated by Corporate Leasing Company – CorpLease.
Transaction initial details:
| Tranche | Amount (EGP MM) | % of Notes | Tenor | Floating Coupon (%) | Frequency | Rating |
| A | 392 | 12.34% | 13 months | CBE Lending Corridor + 0.40% | Monthly | AA+ (sf) |
| B | 1,196 | 37.65% | 37 months | CBE Lending Corridor + 0.60% | Monthly | AA (sf) |
| C | 1,308 | 41.17% | 52 months | CBE Lending Corridor + 0.70% | Monthly | A (sf) |
| D | 281 | 8.84% | 65 months | CBE Lending Corridor + 0.80% | Monthly | A (sf) |
| Total | 3,177 | 100% |