Twenty Eighth Issuance

1. Issuance Overview

Issue Date : 15 Aug 2018 Currency : EGP
Issue Name : 28th 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 : 1.751 Billion Underwriters :
    - Banque Misr
    - Arab African International Bank
    - Commercial International Bank
    - Ahli United Bank
    - Attijariwafa 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 652 mn 800 mn 326 mn
Outstanding Balance - - -
Maturity Date Aug-19 Aug-21 June-23
Coupons:
  • Coupon Rate
15.58% 16.38% 16.88%
  • Last Coupon
Feb-20 Feb-20 Feb-20
  • Next Coupon
- - -
Original Tenor 13 Months 37 Months  59 Months
Payment Monthly (Senior) Monthly (Subordinated) Monthly (Junior Subordinated)
Bondholder Meeting 08-10-2018 08-10-2018 08-10-2018
Calling Date - 01-03-2020 01-03-2020

3. Calculator

Current Par Value : 0.00