FridayOL

CI Capital, a leading Egyptian investment bank, has announced the successful completion of a significant EGP 665.5 million securitized bond issuance for Aman Consumer Finance. This marks another milestone in the flourishing partnership between the two companies, solidifying Aman’s position in the consumer finance market and bolstering CI Capital’s reputation as a key player in structured finance.

The issuance, structured and arranged by CI Capital, demonstrates the growing demand for securitized assets in Egypt. Securitization allows Aman to convert its existing loan portfolio into marketable securities, freeing up capital for further lending and expansion. This deal showcases Aman’s ability to attract investor confidence and CI Capital’s expertise in crafting complex financial solutions.

This latest deal is the seventh securitized bond issuance CI Capital has successfully concluded for Aman since the beginning of 2023. This impressive track record highlights the mutual trust and strong working relationship between the two entities. According to Helal, a key figure at CI Capital, the partnership with Aman is one of the most significant for the investment bank.

“We are delighted to have successfully closed yet another securitization transaction for Aman,” said Helal. “This achievement underscores our commitment to supporting our clients with innovative financial solutions and reinforces our position as a leading arranger in the Egyptian securitization market. We are particularly pleased with the continued strength of our partnership with Aman, and we look forward to further enhancing our strategic cooperation.”

Why is this deal significant?

• Increased Liquidity for Aman: The securitization provides Aman with access to new sources of funding, enabling them to expand their lending operations and cater to the growing demand for consumer finance products.
• CI Capital's Expertise: This deal further demonstrates CI Capital’s capabilities in structuring and arranging complex financial transactions, particularly in the securitization space.
• Investor Confidence: The successful issuance attracts investor interest in Egyptian securitized assets, signaling confidence in the country's financial markets.
• Strengthened Partnership: The ongoing collaboration between CI Capital and Aman highlights a long-term strategic alliance, poised for continued growth and success.

Looking ahead, both CI Capital and Aman are expected to explore further opportunities for collaboration, leveraging their respective strengths to capitalize on the evolving financial landscape in Egypt. The continued success of these transactions underlines the importance of securitization as a vital tool for driving economic growth and supporting the expansion of the consumer finance sector.

About CI Capital: CI Capital is a leading Egyptian investment bank offering a comprehensive suite of financial services including investment banking, asset management, and research.

About Aman Consumer Finance: Aman is a prominent consumer finance provider in Egypt, offering a range of financing solutions to individuals and businesses.