Sigma Capital

22-10-2024

Periodic Partial Redemption for the Listed Bonds Of EFG Securitization The Second Issuance - Third Program Tranche B September 2025 Variable Return

Source: EGX

According to the letter received from the MCDR on 2024/10/20 by the periodical partial redemption (installment no. 14) for the listed bonds of EFG Securitization The Second Issuance - Third Program Tranche B September 2025 Variable Return. The total listed value of the bonds after the partial redemption becomes EGP 439,100,000.00 distributed over 8,900,000 bonds at a par value of EGP 49.33707. These modifications will be applied to EGX database effective 2024/10/23 trading session. This bond tranche has been locally rated by MERIS as (AA)¡ at a variable annual return rate equal to the lending rate announced by the Central Bank + Margin 0.30% to be paid after 4 months for the first coupon then will be paid every 3 months then will be paid monthly starting from the 14th month