Sigma Capital

19-11-2024

Periodic Partial Redemption for the Listed Bonds Of EFG Securitization The First Issuance - Fourth Program Tranche C June 2025 Variable Return

Source: EGX

According to the letter received from the MCDR on 2024/11/18 by the periodical partial redemption (installment no. 6) for the listed bonds of EFG Securitization The First Issuance - Fourth Program Tranche C June 2025 Variable Return. The total listed value of the bonds after the partial redemption becomes EGP 66,432,499.99 distributed over 889,000 bonds at a par value of EGP 74.72722. These modifications will be applied to EGX database effective 2024/11/20 trading session. This bond tranche has been locally rated by MERIS as (AA-)¡ at a variable Return rate equal to the Lending Rate announced by the Central Bank + Margin 0.40 % 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