Issue Date : January 2017 | Currency : EGP |
Issue Name : 21st Issue | Originator :
- Palm Hills Development - Palm Hills Middle East Co. for Real Estate Investment - East New Cairo for Real Estate Development - Rakeen Egypt for Real Estate Investment |
Bond Type : Securitization Bond | Underlying Portfolio : Real Estate Installments Sale Contracts |
Issuer Name : Sarwa Securitization Company | Structuring Arranger : Sarwa Capital |
Issue Size : 404 Million | Underwriters : - Banque Misr - Arab African International Bank - Sarwa Promotion and Underwriting |
Prospectus : PDF File | Agenda : PDF File |
Rating Reports : PDF File | Annual Review : PDF File |
Tranche A | Tranche B | Tranche C | |
---|---|---|---|
Original Balance | 122 mn | 185 mn | 97 mn |
Outstanding Balance | - | - | 63.33 mn |
Maturity Date | Jan-18 | Jan-20 | Dec-21 |
Coupons: | |||
|
15.79% | 16.69% | 17.39% |
|
Jan-18 | Sept-19 | Feb-20 |
|
- | March-20 | |
Original Tenor | 13 Months | 37 Months | 60 Months |
Payment | Quarterly (Senior) | Monthly (subordinated) | Monthly (Junior Subordinated) |
Bondholder Meeting | 20-03-2017 | 20-03-2017 | 20-03-2017 |
- | 25-02-2018 | 25-02-2018 | |
- | 23-04-2019 | 23-04-2019 | |
Calling Date | - | - | - |