CI Capital Successfully Concludes EGP 2.2 Billion Securitized Bond Issuance for Halan for Consumer Finance
Egypt’s leading diversified financial services group, has announced the successful completion of a landmark securitized bond issuance.
Acting on behalf of Capital for Securitization, the firm finalized an issuance totaling EGP 2,214 million, with Halan for Consumer Finance serving as the originator.
This transaction marks a pivotal moment for the Egyptian non-banking financial services (NBFS) sector.
Detailed Tranche Structure and Credit Ratings
The CI Capital Halan securitized bond issuance was structured into two distinct tranches to cater to diverse investor appetites and liquidity requirements. The high quality of the underlying portfolio was reflected in the strong ratings provided by Middle East Ratings and Investor Services (MERIS):
- Tranche A: Valued at EGP 1,528 million with a 12-month tenor. It received a prestigious Prime 1 rating, the highest possible short-term credit rating.
- Tranche B: Valued at EGP 686 million with an 18-month tenor. This tranche was assigned a solid A- rating, reflecting stable long-term prospects.
This issuance enables Halan to further diversify its funding sources and scale its consumer finance operations, which have seen exponential growth in the Egyptian digital economy.
Strategic Leadership in Debt Capital Markets
Amr Helal, CEO of the Investment Bank (Sell-Side) at CI Capital, highlighted the importance of this deal within the current economic climate. “The successful completion of Halan’s latest securitization represents a continuation of CI Capital’s strong track record in executing leading transactions in the Egyptian market,” Helal stated. He emphasized that the group remains a trusted strategic partner capable of delivering innovative financing solutions tailored to complex market needs.
Adding to this, Mohamed Abbas, Managing Director and Head of Debt Capital Markets (DCM) at CI Capital, noted the strength of the partnership between the two entities.
“This issuance builds on the mutual trust built through our ongoing collaboration, following our advisory role on Halan’s September 2025 issuance.
It solidifies our position as a market leader in the Egyptian DCM markets, even amidst a challenging macroeconomic backdrop.”
Key Advisors and Financial Partners
The transaction was supported by a consortium of top-tier professional firms. CI Capital served as the Sole Financial Advisor, Issuance Manager, Bookrunner, and Lead Arranger.
The legal framework was managed by Matouk Bassiouny, acting as the legal advisor, while Baker Tilly conducted the financial audit for the issuance.
This collaboration ensures the highest levels of transparency and adherence to international financial standards.
As consumer finance continues to drive financial inclusion in Egypt, the success of the CI Capital Halan securitized bond issuance demonstrates the resilience and sophistication of local capital markets in supporting high-growth fintech enterprises.
About CI Capital Holding
CI Capital is Egypt’s leading provider of financial services, offering an integrated platform that includes investment banking, asset management, and securities brokerage.
The group is also a major player in non-banking financial services, including leasing, microfinance, and mortgage finance, serving a diverse client base ranging from institutional investors to retail consumers.
