Thirty First
1. Issuance Overview
| Issue Date : October 2019 | Currency : EGP |
| Issue Name : 31st Issue | Originator : - Rakeen Egypt Co. For Real Estate Investment - Palm Hills Middle East Co. For Real Estate Investment - Eastern New Cairo for Real Estate Development - Palm Hills Development - Saudi Co. For Urban Developments |
| Bond Type : Securitized Bond | Underlying Portfolio : Real Estate |
| Issuer Name : Sarwa Securitization Company | Structuring Arranger : Sarwa Capital for promotion and underwriting |
| Issue Size : 601 mn | Underwriters : - Sarwa - AAIB - BM - EG Bank - AUB |
Attachments
| Prospectus : PDF File | Agenda : PDF File |
| Rating Reports : PDF File | Annual Review : PDF File |
2. Issuance Details
| Tranche A | Tranche B | Tranche C | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Original Balance | 131 mn | 357 mn | 113 mn | ||||||
| Outstanding Balance | - | - | 59.8 mn | ||||||
| Maturity Date | Nov-24 | Oct-22 | Nov-24 | ||||||
| Coupons: | |||||||||
| 12.85 % | 13.50% | 13.50% | ||||||
| Aug-23 | Aug-23 | Aug-23 | ||||||
| Sep-23 | Sep-23 | Sep-23 | ||||||
| Original Tenor | 13 Months | 37 Months | 62 Months | ||||||
| Payment | Monthly (Senior) |
|
| ||||||
| Bondholder Meeting | - | - | - | ||||||
| Calling date | - | - | - |
