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Sarwa Capital closes EGP 1.75bn securitisation bonds issuance

Sarwa Capital announced that Sarwa Securitisation has closed an EGP 1.75bn issue of securitisation bonds backed by the portfolios of Contact Auto Credit and its affiliated companies. The bonds consist of three tranches with tenors of one, three, and five years and received high ratings of AA+, AA and A respectively by Middle East Ratings …

Daily News Egypt

Sarwa Capital announces closing of EGP 1.15bn securitisation bonds

Sarwa Capital today announced that Sarwa Securitisation SAE has closed its latest issue of EGP 1.15bn in securitisation bonds backed by the portfolios of Contact Auto Credit and its affiliate companies. The bonds consist of three portions with tenors of one, three, and five years and received high ratings of AA+, AA, and A respectively …

Daily News Egypt

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