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Arab Finance – Al -Ahly Pharos runs the issuance of bonds with 4.7 billion pounds in favor of Tasheel


Al -Ahly Pharos runs the issuance of bonds with 4.7 billion pounds in favor of Tasheel

Arab Finance: Al -Ahly Pharos Company for the promotion and coverage of the subscription announced that it has in cooperation with the Arab African Bank of Africa as the director of issuance, financial advisor, salary, promoter, and the second version of the second version of the bonds of the twelfth program of the Capital Surveying Company, which is 4.7 billion pounds.

Al -Ahly Pharos, the arm of the investment banks for the National Bank of Egypt Group, stated that the issue is guaranteed by a sacred financial rights portfolio for consumer financing contracts worth about 5.9 billion pounds and referred from the Tsael Finance Company.

Al -Ahly Pharos, the Arab -African international banks, the Egyptian -Egyptian and the international commercial and the Suez Canal covered the subscription in the issue, and Al -Ahly took over the role of the subscription recipient, while the Egyptian Gulf Bank played the Secretary of Conservation.

Matouq Bassiouni and Hinnawi's office also played the legal advisor to the issuance, and took the office of Baker Tele (Mohamed Hilal and Wahid Abdel Ghaffar) the role of the auditor, and Meress Middle East Credit Rancing and Investors Service has given the credit rating of the issuance.

The version comes on six different segments, the value of the first segment is 1.2 billion pounds of 6 months, the second with a value of 625 million pounds of 9 months, and the third is of 500 million pounds of 12 months.

The value of the fourth segment is of 1.02 billion pounds of 18 months, the fifth, at a value of 670 million pounds of 24 months, and the last, at a value of 685 million pounds of 35 months, and the first three segments obtained the P1 rating, and the last three segments on the category A-.

Al -Ahly Pharos was to promote and cover the subscription, the arm of the investment banks for the National Bank of Egypt Group, it disclosed last May About its successful role as the director of the issuance and the financial advisorAnd salary, promoter, and the coverage of the first release of your instruments in the form of participation for Al -Ahly Creation Company, through a participation instruments worth 2.8 billion Egyptian pounds, according to the statement sent on May 6.

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