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 ATranche BTranche C
Original Balance131 mn357 mn113 mn
Outstanding Balance--10.8 mn
Maturity DateOct-20Oct-22Nov-24
Coupons:
  • Coupon Rate
12.85 %13.50%13.50%
  • Last Coupon
Sep-23Sep-23Sep-23
  • Next Coupon
Oct-23Oct-23Oct-23
Original Tenor13 Months37 Months62 Months
PaymentMonthly (Senior)Monthly (Subordinated)Monthly (Subordinated)
Bondholder Meeting---
Calling date---

3. Calculator

Current Par Value : 0.00