Arab Finance: Halan, the consumer finance arm of the first unicorn fintech in Egypt MNT-Halan, has closed an EGP 971.5 million securitized bond issuance, Al Ahram Gate reported.
This issuance comes as part of an EGP 3 billion three-year securitization program.
The Commercial International Bank (CIB) served as the bookrunner, promoter, arranger, transaction manager, and financial advisor.
GB's Capital for Securitization acted as custodian, Hazem Hassan, an auditor from KPMG's Egypt business, provided counsel, and Matouk Bassiouny handled the bookkeeping.