Sarwa Securitisation, the debt capital markets arm of Egypt's Contact Financial Holding, has successfully closed its 46th securitisation bond issuance, worth EGP 1.312bn ($27.3m), the company said on Wednesday. The bond, which was closed in the third quarter of 2025, is backed by a consumer finance portfolio generated by Contact Credit and its subsidiaries and sister companies. The bond's three tranches, with maturities ranging from 13 to 60 months, received strong credit ratings of AA+, AA, and A from the Middle East Ratings and Investors Service (MERIS). Contact Financial Holding acted as the issuance manager, promoter, and underwriter. The issuance was underwritten and subscribed to by major banking and non-banking financial institutions. Commercial International Bank (CIB), Arab African International Bank, and CI Capital also acted as transaction bookrunners and underwriters. Including this issuance, the total value of securitisations arranged through Sarwa Securitisation now stands at approximately EGP 35.3bn, backed by Contact's diversified portfolios spanning auto and consumer finance. This also includes 10 separate issuances backed by real estate portfolios from some of Egypt's leading real estate developers. "The successful conclusion of our forty-sixth securitisation bond issuance, backed by strong credit ratings, reflects the market's confidence in our credit portfolios and reaffirms our leading position in Egypt's debt capital market," said John Saad, CEO of Contact Financial Holding. He added: "The strong appetite of both banking and non-banking financial institutions to invest in these bonds demonstrates the robustness of our consumer finance portfolio and underscores our commitment to providing flexible and innovative financing solutions." Contact Financial Holding, through its subsidiaries, continues to cement its position as a key player in Egypt's debt capital market and plans to expand its offering with further issuances across securitisation, sukuk, and other instruments, the company said.
