CI Capital Closes EGP 665.5 Million Securitisation for Aman Consumer Finance – Boosting Egypt's Financial Market
CI Capital Successfully Securitises EGP 665.5 Million for Aman Consumer Finance
Cairo – CI Capital, a leading and diversified financial services group in Egypt (CICH.CA), has proudly announced the successful completion of a significant EGP 665.5 million securitised bond issuance on behalf of Aman Consumer Finance. This marks the third such securitisation for Aman, further solidifying CI Capital's position as a key player in Egypt’s burgeoning financial market and demonstrating the growing appetite for securitisation as a funding tool.
A Strong Performance and Market Confidence
The issuance, which was structured and underwritten by CI Capital's Investment Banking division, attracted considerable investor interest, reflecting strong confidence in both Aman Consumer Finance's performance and the broader Egyptian economy. The bonds were rated (mention rating agency and rating if available – e.g., 'AA' by [Rating Agency Name]), providing investors with a degree of security and predictability.
What is Securitisation and Why is it Important?
Securitisation is a financial process that transforms illiquid assets, such as consumer finance receivables, into marketable securities. This allows companies like Aman Consumer Finance to access funding more efficiently and at potentially lower costs. For investors, it offers an opportunity to diversify their portfolios and earn returns based on a pool of assets. The success of this issuance underscores the vital role securitisation plays in supporting Egypt's consumer finance sector and stimulating economic growth.
CI Capital's Expertise and Ongoing Support
CI Capital’s Investment Banking division has consistently demonstrated its expertise in structuring and executing complex financial transactions. This latest success reinforces the firm’s commitment to providing innovative financial solutions to its clients and contributing to the development of Egypt's capital markets. CI Capital's team worked closely with Aman Consumer Finance throughout the entire process, from structuring the transaction to marketing the bonds to investors.
Looking Ahead
This successful EGP 665.5 million securitisation is a testament to the strength of the partnership between CI Capital and Aman Consumer Finance. It highlights the growing sophistication of Egypt's financial sector and the increasing demand for securitisation as a viable funding option. CI Capital remains committed to supporting its clients and driving innovation within the Egyptian financial landscape, facilitating further growth and stability in the market.
Disclaimer: This press release is for informational purposes only and should not be considered financial advice. Investors should consult with a qualified financial advisor before making any investment decisions.
