Jameel Finance Egypt raises EGP 318M in third securitized bond issuance
What's the deal? Jameel Finance EgyptDealroom has a profile for this one. Try Dealroom → has completed a securitized bond issuance worth EGP 318 million (roughly $6.2 million), its third under a three-year, EGP 4 billion securitization program.
How it's structured: The issuance came in two tranches. The first, EGP 153 million with a 12-month maturity, earned a P1 (sf) rating; the second, EGP 165 million over 24 months, received an A (sf) rating. Both were rated by Middle East Rating & Investors Service (MERIS)Dealroom has a profile for this one. Try Dealroom →.
Who's involved? Al Ahly PharosDealroom has a profile for this one. Try Dealroom → acted as underwriter, Suez Canal BankDealroom has a profile for this one. Try Dealroom → as custodian, and Arab BankDealroom has a profile for this one. Try Dealroom → as the subscription receiving bank. Dreny & PartnersDealroom has a profile for this one. Try Dealroom → served as legal advisor, with Baker Tilly Mohamed HilalDealroom has a profile for this one. Try Dealroom → and Waheed Abdel Ghaffar as auditor.
What's the endgame? The company says the deal diversifies its funding sources and boosts financial flexibility to fund expansion and offer more financing solutions.
Why now? The issuance follows two earlier rounds under the same program: EGP 500 million in May 2025 and EGP 470 million in February 2026.
Chief executive officer and managing director Siraj Badqail said the deal reflects "the strength of Jameel Finance Egypt's financial position as well as the confidence the company has earned among its partners and investors." He tied it to advancing financial inclusion "in line with Egypt Vision 2030."
The signal: Repeat securitization issuances point to a maturing non-bank lending market in Egypt, where financing firms increasingly tap institutional investors to scale beyond traditional bank credit.
Read more: fintechgate.net
Image credit: Generated with Gemini
