Twenty Second Issuance

1. Issuance Overview

Issue Date : December 2017 Currency : EGP
Issue Name : 22nd Issue Originator :
    - Contact Auto Credit Company
    - Bavarian-Contact Car Trading Company
    - Star Auto Credit Company
    - Contact-Egyptian International Company
    - EZZ Elarab-Contact Financial Company
    - Modern Finance Company
Bond Type : Securitization Bond Underlying Portfolio : Auto Loan Installments Sale Contracts
Issuer Name : Sarwa Securitization Company Structuring Arranger : Sarwa Capital
Issue Size : 1.147 Billion Underwriters :
    - Banque Misr
    - Commercial International Bank

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 343 mn 605 mn 199 mn
Outstanding Balance - 0 0
Maturity Date Dec-18 Dec-20 Aug-22
Coupons:
  • Coupon Rate
14.86 % 15.66 % 16.16 %
  • Last Coupon
Dec-18 Nov-19 Nov-19
  • Next Coupon
- - -
Original Tenor 13 Months 37 Months  57 Months
Payment Monthly (Senior) Monthly (Subordinated) Monthly (Junior Subordinated)
Bondholder Meeting 23-01-2018 23-01-2018 23-01-2018
Calling Date - - 01-12-2019

3. Calculator

Current Par Value : 0.00