Periodic Partial Redemption For the Listed Bonds of Egyptian Co. For Securitization The Seventh Issue Tranche C June 2023
10/14/2021 3:28:16 PM
According to the letter received from the MCDR on 13/10/2021 by the periodical partial redemption (Installment no. 11) for the listed bonds of Egyptian Co. For Securitization The Seventh Issue Tranche C June 2023. The total listed value of the bonds after the partial redemption becomes EGP 242,078,074.92 distributed over 3,582,000 bonds at a par value of EGP 67.581818766. These modifications will be applied to EGX database effective 17/10/2021 trading session. This Bond Tranche has been Locally rated by MERIS As AA-, at a variable interest rate representing the yield of Treasury Bills 182 days after taxes + a profit margin of 1.50 % to be paid monthly.