Tags : Sherine EL Menyawy

Banking & Finance Banking & Finance Egypt

Al Oula Mortgage finance closes 1st Securitization Transaction  

Al Oula Mortgage Finance Co. has successfully closed its inaugural securitization deal, raising EGP 998.5 million through the issuance of six tranches backed by its mortgage finance portfolio. This securitization is part of a larger three-year program with a total value of EGP 3 billion.  The issuance was backed by receivables portfolio originated by Al […]

Capital Markets Egypt Real Estate, Construction & Infrastructure

MNHD closes Securitization transaction amounting to EGP 805.5m

Dreny & Partners has played a key role in the successful completion of Madinet Nasr for Housing & Development’s (MNHD) second securitized transaction, which amounted to EGP 805.5 million. This is part of a larger three-year multi-issuance program worth a total of EGP 3 billion.   MNHD’s receivables portfolio backed the issuance, which consisted of […]