3rd

1. Issuance Overview

Issue Date : March 22 Currency : EGP
Issue Name : 3rd Issuance Issuer : Sarwa Sukuk
Beneficiary / Modaraba : Palm Hills Development Project Manager : Palm Hills Development
Investment Manager : Sarwa Investment Management Deal Arranger : Sarwa Promotion and Underwriting
Underlying Portfolio : Real Estate Issue Size : 3,251 million
Underwriters :
- Baraka Bank
- Banque Misr
- Suez Canal Bank
- aiBank
- NBE
- Bank Misr
- AAIB
- Misr Capital

Attachments

Prospectus : PDF File Agenda : PDF File

2. Issuance Details

Sukuk Value3,251 mn
Outstanding Balance 3,251 mn
Maturity Date Sep-31
Coupons:
  • Coupon Rate
Corridor
  • CLR / T-Bill
Floating
  • Total Spread
1.50%
Credit Rating BBB-

3. Calculator

Current Par Value : 0.00