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Listing the Bonds of Sarwa Securitization, the 25th. Issue- March 2023, Tranches A, B and C.

The Listing Committee held on 18 /07/2018 has approved to list the nominal, tradable and non-convertible, Securitization Bonds of Sarwa Securitization Company. The 25th Issue — March 2023, Tranches A, B and C, that issued in Apr 2018; guaranteed by a securitization portfolio; privately offered for financial institutions and expertise entities; amounted to EGP 261 million at a fixed interest rate as follows:-   Tranche "A" for 13 months; non-callable; matured in April 2019 (EGB690R1S577) Redeemed by quarterly installments starting from July 2018, Amounted to EGP 62,000,000, distributed over 620,000 bonds at par value of EGP 100 for each bond . At a fixed annual interest rate of 13.85 %, to be paid every 3 months, starting from the day next to the date of subscription closing, where the first coupon payment date due to July 2018.   This tranche has locally rated by MERIS as sf "AA+" on 08/03/2018   Tranche "B" for at most 37 months; callable starting May 2019, matured in April 2021 (EGB690R1S585) Redeemed by monthly installments starting from May 2019 (after the total redemption of tranche "A"), in the light of the actual yield of the related securitization portfolio , Amounted to EGP 143,000,000, distributed over 1,430,000 bonds at par value of EGP 100 for each bond. At a fixed annual rate of 14.75% to be paid every 3 months, starting from the day next to the date of subscription closing, where the first coupon payment date due to Jul 2018, then starting from May 2019 , (after the total redemption of the first tranche "A" ) it will be paid monthly . This tranche has locally rated by MERIS as sf "AA" on 08/03/2018.   Tranche "C" for at most 60 months; callable starting May 2019, matured in March 2023 (EGB690R1S593) Redeemed by monthly installments (after the total redemption of  tranche "B") , in the light of the actual yield of the related securitization portfolio, Amounted to EGP 56,000,000, distributed over 560,000 bonds at par value of EGP 100 for each bond. At a fixed annual rate of 15.25% to be paid every 3 months , starting from the day next to the date of subscription closing, where the first coupon payment date due to July 2018, then starting from May 2019 , (after the total redemption of the first tranche "A" ), it will be paid monthly.   This tranche has locally rated by MERIS as sf "A" on 08/03/2018.   This bond issue Tranches A, B and C, will be available for trading effective 22/07/2018 trading session.

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