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The International Company for Leasing (Incolease) has successfully completed its first securitization issuance of a financial leasing portfolio, valued at EGP 2 billion, as part of its strategy to diversify funding sources and strengthen its financial position to support future growth and expansion.

In a disclosure to the Egyptian Exchange, the company stated that the issuance falls under a multi-issuance securitization program with a total value of up to EGP 10 billion, to be executed over three years. The program reflects Incolease’s commitment to enhancing the efficiency of its funding structure and expanding its financing capacity.

Strong Subscription Coverage

The issuance attracted strong participation from several leading banks, including Arab African International Bank, National Bank of Egypt, Arab International Banking Company, Banque Misr, Al Baraka Bank, and Attijariwafa Bank. The offering was oversubscribed by 200%, highlighting strong investor confidence in the quality of the company’s portfolio and its solid credit profile.

The transaction was executed in collaboration with a group of financial and advisory institutions. NAEEM Financial Investments (Naeem Holding – Investment Banking arm) acted as financial advisor, while Baker Tilly served as auditor. Matouk Bassiouny & Hennawy acted as legal advisor, and MERIS (Middle East Rating & Investors Service) provided credit ratings for both the bonds and the underlying portfolio. Commercial International Bank (CIB) acted as the issuance bank.

Incolease emphasized that the transaction represents a key strategic step toward enhancing liquidity and diversifying funding sources, enabling the company to expand its financing activities and offer innovative solutions to clients without negatively impacting its financial position.

It is worth noting that Incolease reported a net profit of EGP 255.808 million for the fiscal year ending December 2025, compared to EGP 264.034 million in the previous year, marking a 3.1% decline.