31/08/2026
Dreny & Partners advised Jameel Finance - EG on the third issuance under Tamweel Securitization’s fifth securitization programme, with an aggregate value of EGP 318 million, following final approval by the Financial Regulatory Authority الهيئة العامة للرقابة المالية.
The issuance comprises 2 tranches: Tranche A, amounting to EGP 153 million with a 12-month tenor and a fixed annual yield of 21.00%; and Tranche B, amounting to EGP 165 million with a 24-month tenor and a fixed annual yield of 20.00%.
This transaction represents another milestone in Jameel Finance’s continued growth and reflects its valuable contribution to the development of Egypt’s non-banking financial services industry and the continued expansion of the local securitization market.
Al Ahly Pharos - الأهلي فاروس acted as financial advisor, arranger, promoter, and underwriter. Arab Bank acted as subscription receiving bank, Suez Canal Bank بنك قناة السويس acted as custodian. Baker Tilly Hilal& Abdel Ghaffar acted as auditor.
The Dreny & Partners team comprised Associates Khaled Hesham, Hania Elgamal and Youssef Tarek.
The Capital Markets Procedures Team: Counsel & Head of Capital Markets Procedures Nagy Mostafa Ebeid, together with Managing Associates Ahmed Reda and Abdelrahman Yahia.
For more information, please contact us at: [email protected]