Jameel Finance – Egypt Successfully Issues EGP 500 Million in Securitization Bonds as Part of Expansion and Financial Inclusion Strategy

Cairo, 15 May 2025:

Jameel Finance – Egypt announced the successful completion of a securitization bond issuance worth EGP 500 million, a strategic move aimed at supporting its expansion plans and enhancing its financing capabilities, thereby strengthening its ability to meet clients’ needs.

The securitization process saw the participation of several leading institutions.

Beltone acted as the financial advisor, lead issuance manager, and main underwriter for the offering, which was executed through Tamweel Securitization.

Participating parties included Dreny & Partners as legal advisor, Baker Tilly as external auditor, and Suez Canal Bank as custodian and offering agent.

The underwriting was carried out by both Suez Canal Bank and Banque du Caire, while Beltone Asset Management also took part in the issuance.

This issuance comes as part of Jameel Finance’s efforts to diversify its funding sources and enhance its financial flexibility.

The transaction was structured into three tranches: the first tranche, valued at EGP 120 million with a maturity period of 12 months, received a Prime 1 credit rating — the highest rating awarded by MERIS (Middle East Rating & Investors Service).

The second tranche, worth EGP 268 million with a maturity of 36 months, was rated (A), while the third tranche amounted to EGP 112 million with a 48-month maturity, also rated (A).

This structure provides a balanced mix of risk and return, making it attractive to a broad base of institutional investors.

Siraj Badqail Chief Executive Officer & Managing Director of Jameel Finance– Egypt, expressed his pride in the successful completion of the issuance, noting that the high credit ratings reflect the quality of the securitized financing portfolio and strengthen the company’s ability to expand.

He added: “This step represents a cornerstone in executing our growth strategy and supports the company’s direction toward increasing its market share.

It also reaffirms our commitment to promoting financial inclusion in line with Egypt’s Vision 2030, by providing diverse financing solutions that contribute to achieving sustainable economic development.”

In a related context, Jameel Finance – Egypt announced an increase in its issued and paid-in capital to over EGP 437 million — a move that strengthens its financial position and supports its future expansion in financing operations to meet growing customer demand.

thereby contributing to inclusive economic growth.*Jameel Finance – Egypt Successfully Issues EGP 500 Million in Securitization Bonds as Part of Expansion and Financial Inclusion Strategy.

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