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 |
Prospectus : PDF File | Agenda : PDF File |
Rating Reports : PDF File | Annual Review : PDF File |
Tranche A | Tranche B | Tranche C | |
---|---|---|---|
Original Balance | 131 mn | 357 mn | 113 mn |
Outstanding Balance | - | - | 10.8 mn |
Maturity Date | Oct-20 | Oct-22 | Nov-24 |
Coupons: | |||
| 12.85 % | 13.50% | 13.50% |
| Sep-23 | Sep-23 | Sep-23 |
| Oct-23 | Oct-23 | Oct-23 |
Original Tenor | 13 Months | 37 Months | 62 Months |
Payment | Monthly (Senior) | Monthly (Subordinated) | Monthly (Subordinated) |
Bondholder Meeting | - | - | - |
Calling date | - | - | - |