EGP 777m.. Al Ahly Pharos successfully manages and promotes the second issuance under Al Ahly Securitization’s sixth program

Cairo, January 11, 2026:

Also, this transaction was carried out in cooperation with National Bank of Egypt, Banque du Caire, and Suez Canal Bank who acted as the transaction’s underwriters. While National Bank of Egypt acted as the placement agent and Suez Canal Bank acted as the custodian, While Matouk Bassiouny & Hennawy acted as the legal advisor, BakerTilly (Mohamed Hilal & Wahid Abdelghaffar) acted as the transaction’s auditor and MERIS “Middle East for Credit Rating and Investors Service”, acted as the credit rating agency for the issue.

The bond is comprised of 3 tranches rated by Middle East Rating Services (MERIS) as P1, P1, and A- respectively. The first tranche is worth EGP 252 million with a tenor of 6 months, the second is worth EGP 292 million with a tenor of 12 months, the third is worth EGP 233 million with a tenor of 21 months.

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:

• Al Ahly Pharos Advises on EGP 3.52bn Capital Securitization Issuance
• Al Ahly Pharos and Hassan Allam Construction successfully concludes their first Musharaka Sukuk issuance value of EGP 2.8 billion for Bab Masr Development