Thirtieth Issuance

1. Issuance Overview

Issue Date : 02 April 2019 Currency : EGP
Issue Name : 30th Issue Originator :
    - Contact Auto Credit Company
    - Bavarian-Contact Car Trading Company
    - Star Auto Credit Company
    - Contact-Egyptian International Company
    - EZZ Elarab-Contact Financial Company
    - Modern Finance Company
Bond Type : Securitization Bond Underlying Portfolio : Auto Loan Installments Sale Contracts
Issuer Name : Sarwa Securitization Company Structuring Arranger : Sarwa Capital
Issue Size : 1.828 Billion Underwriters :
    - Banque Misr
    - Arab African International Bank
    - Commercial International Bank
    - Ahli United Bank

Attachments

Prospectus : PDF File Agenda : PDF File
Rating Reports : PDF File Annual Review : PDF File

2. Issuance Details

Tranche A Tranche B Tranche C
Original Balance 645 mn 873 mn 310 mn
Outstanding Balance 105 mn 674.65 mn 310 mn
Maturity Date April-20 April-22 Feb-24
Coupons:
  • Coupon Rate
14.56% 15.41% 15.91%
  • Last Coupon
Feb-20 Feb-20 Feb-20
  • Next Coupon
March-20 March-20 March-20
Original Tenor 13 Months 37 Months  59 Months
Payment Monthly (Senior) Monthly (Subordinated) Monthly (Junior Subordinated)
Bondholder Meeting 16-07-2019 16-07-2019 16-07-2019
Calling Date - - -

3. Calculator

Current Par Value : 0.00