AMAN Holding Successfully Concludes Third Securitization Issuance Worth EGP 665.5 Million
AMAN Holding, the most integrated fintech group in Egypt and a portfolio company of Raya Holding, has announced the successful closure of its third securitization issuance through AMAN Securitization on behalf of AMAN Consumer Finance. The issuance, valued at EGP 665.5 million, marks another significant milestone in the group’s securitization program and underscores the robust performance of its subsidiaries and their continued contribution to the growth of Egypt’s non-banking financial sector.
Commenting on the achievement, Eng. Hazem Moghazi, Co-CEO for Business and Commercial Affairs at AMAN Holding, stated:
> “The successful completion of this issuance reflects the strong confidence investors have in both AMAN Holding and the resilience of the Egyptian financial market. With total issuances now reaching nearly EGP 9.7 billion since the launch of our securitization program, this accomplishment demonstrates our ongoing commitment to sustainable growth, diversified funding sources, and support for financial transparency—objectives that are aligned with the broader vision for Egypt’s economic development.”
Amr Helal, CEO (Sell-Side) of the Investment Bank at CI Capital, which acted as lead arranger and manager for the transaction, added:
> “This transaction marks the seventh successful securitization issuance executed by CI Capital for AMAN Holding since 2023, reaffirming our leading role in Egypt’s investment banking space. Our longstanding partnership with AMAN is a testament to our ability to deliver innovative and tailored financial solutions that meet the evolving needs of our clients.”
Helal further emphasized the strength of the collaboration, stating:
> “AMAN is one of our most valued partners, and we look forward to expanding our strategic cooperation in the future as we continue to support the growth and diversification of Egypt’s financial services industry.”
The transaction was supported by a consortium of experienced advisors:
CI Capital acted as the financial advisor, lead arranger, general coordinator, issuance manager, and placement agent.
Zaki Hashem & Partners served as the legal advisor.
United Auditors for Audit, Tax, Financial Consultancy and Services acted as the financial auditor.
The successful issuance reflects AMAN Holding’s financial strength and the company’s dedication to advancing the fintech landscape in Egypt through responsible innovation and strategic financial planning.