GlobalCorp Issues EGP 2.5bn Eighth Securitization Bond with «IFC» Participation

Cairo, 30 December 2025:

GlobalCorp Financial Services has completed its eighth securitization bond issuance, valued at EGP 2.5 billion, after obtaining approval from the Financial Regulatory Authority (FRA). The transaction was carried out under the company’s second approved securitization program.

The issuance was structured into three tranches with varying maturities and credit ratings. Tranche (A) amounted to EGP 1.3 billion with a tenor of 25 months and a credit rating of AA+. Tranche (B) totaled EGP 732 million with a tenor of 37 months and a credit rating of AA, while Tranche (C) reached EGP 445 million with a tenor of 49 months and a credit rating of A-. All three tranches were rated by Middle East Ratings and Investor Services (MERIS).
The transaction is considered one of the most prominent securitization issuances in the Egyptian market, reinforcing GlobalCorp’s position as a leading and influential player in the sector.

The issuance was supported by the International Finance Corporation (IFC), marking its first-ever participation in an Egyptian securitization bond. This involvement reflects international confidence in GlobalCorp’s financial strength and asset quality, while contributing to the deepening of Egypt’s securitization market and enhancing its appeal to international investors. IFC participated through a direct investment in US dollars and its equivalent in Egyptian pounds, strengthening investor confidence and expanding the investor base.

The issuance was led by Commercial International Bank (CIB) and Al Ahly Pharos as financial advisors, arrangers, promoters, and issuance managers. The National Bank of Egypt acted as the subscription registrar, while CIB served as custodian. Several major banks participated in the subscription, including the National Bank of Egypt, Commercial International Bank, Arab African International Bank, Suez Canal Bank, Al Baraka Bank, Attijariwafa Bank, in addition to the International Finance Corporation (IFC).

The issuance saw strong investor demand, highlighting growing confidence in the quality of GlobalCorp’s portfolios and the strength of its financial position, alongside active participation from local banking institutions.

Established in 2015, GlobalCorp Financial Services Group provides integrated financial solutions including leasing, factoring, securitization, consumer finance, and mortgage finance, serving large corporates, small and medium-sized enterprises, as well as individuals. The group’s shareholder base includes a consortium of investors comprising Amethis, the European Bank for Reconstruction and Development (EBRD), and SPE Capital, in partnership with the group’s founder and CEO, Hatem Samir.

In this context, on the other hand, there are many related sector news items that you can follow. For example, we highlight the most important ones in the following list:

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