Issue Date : 21 Oct 2019 | Currency : EGP |
Issue Name : 31st Issue | Originator : -Palm Hills Development, -Palm Hills Middle East Co. for Real Estate Investment -East New Cairo for Real Estate Development -Rakeen Egypt for Real Estate Investment -Saudi Co. For Urban Developments |
Bond Type : Securitization Bond | Underlying Portfolio : Real Estate Installments Sale Contracts |
Issuer Name : Sarwa Securitization Company | Structuring Arranger : Sarwa Capital |
Issue Size : 601 Million | Underwriters : - Banque Misr - Commercial International Bank - Egyptian Gulf Bank - Ahli United Bank |
Prospectus : PDF File | Agenda : PDF File |
Rating Reports : PDF File | Issuing Review : PDF File |
Tranche A | Tranche B | Tranche C | |
---|---|---|---|
Original Balance | 131mn | 357mn | 113mn |
Outstanding Balance | 121.83mn | 357mn | 113mn |
Maturity Date | Oct-20 | Oct-22 | Nov-24 |
Coupons: | |||
|
12.85% | 13.50% | 14.00% |
|
Feb-20 | Feb-20 | Feb-20 |
|
April-20 | April-20 | April-20 |
Original Tenor | 13 Months | 37 Months | 59 Months |
Payment | Monthly (Senior) | Monthly (Subordinated) | Monthly (Junior Subordinated) |
Bondholder Meeting | 19-01-2020 | 19-01-2020 | 19-01-2020 |
Calling date | - | - | - |