CI Capital Seals EGP 665.5 Million Securitized Bond Deal for Aman Consumer Finance – Strengthening Partnership
CI Capital and Aman Consumer Finance Forge Stronger Ties with Landmark Bond Issuance
CI Capital, a leading Egyptian investment bank, has successfully closed a significant EGP 665.5 million (approximately $21.5 million USD) securitized bond issuance for Aman Consumer Finance. This latest deal marks the seventh successful securitization for Aman since the beginning of 2023, solidifying the robust and growing partnership between the two companies. The issuance was met with strong investor demand, reflecting confidence in Aman’s portfolio and the strength of the Egyptian consumer finance market.
Securitization is a complex financial process that transforms illiquid assets, such as consumer loans, into marketable securities. This allows Aman to access capital more efficiently and expand its lending operations, ultimately benefiting Egyptian consumers seeking financing solutions.
A Testament to a Flourishing Partnership
“This successful issuance underscores our commitment to supporting Aman’s growth and providing innovative financial solutions,” stated Helal, a key figure at CI Capital. He further emphasized the strategic importance of Aman, noting, “We expressed our aspiration to enhance strategic cooperation between the two companies further, considering Aman one of CI Capital's most significant partners.” The repeated successful collaborations demonstrate a deep understanding and synergy between the two organizations.
Benefits for Aman and the Egyptian Market
The EGP 665.5 million bond issuance provides Aman Consumer Finance with crucial capital to fuel its expansion plans. This includes extending credit to a wider range of consumers, supporting economic activity, and contributing to the growth of the Egyptian financial sector. The securitization structure allows Aman to manage its assets more effectively and optimize its capital structure.
For CI Capital, the deal reinforces its position as a leading arranger of securitized bond issuances in Egypt. The firm's expertise in structuring and marketing these complex transactions has proven invaluable to its clients.
Looking Ahead
The continued success of CI Capital and Aman's partnership highlights the potential for further growth and innovation in the Egyptian consumer finance market. With a strong track record and a shared commitment to excellence, both companies are well-positioned to capitalize on emerging opportunities and contribute to the country’s economic development. CI Capital remains dedicated to providing tailored financial solutions and strengthening its relationships with key partners like Aman, paving the way for future collaborative ventures.
