ZH advises Aman for Consumer Finance SAE’s EGP 1.3 billion securitization issuance

We are pleased to announce the closure of a significant securitization issuance by Aman for Consumer Finance SAE with a remarkable amount of EGP 1,297,200,000 (One Billion and Two-Hundred Ninety-Seven Million and Two Hundred Thousand Egyptian Pounds).

This transaction is considered as the fifth issuance of the first multiple-issuances program of Aman Securitization slated for EGP 5 billion. This fifth issuance of the program has been issued in six tranches secured and collateralized by consumer finance loans originating from Aman Consumer Finance (Originating Entity).

Our team of lawyers was led by Helal El HOSSARY, Partner and Head of Capital Markets & Corporate Procedures, and Osama Abdelmawla, Partner at our M&A department. Legal drafting and follow-up work on the transaction was led by our Senior Associate Mohamed Saeed and Junior Associate Farida Fayez. Other participating team members included our Senior Associates Ibrahim Waël Abdelwadoud and Anwar Morsy Mostafa and our Associate Mahmoud Nabih.

Congratulations to our client AMAN Holding and its amazing team. Our appreciation is also extended to CI Capital Holding, the sole lead-arranger and underwriter of the issuance, and to Banque Misr, the custodian of the issuance, for their support in the execution of the securitization.