Valu Closes Its 23rd Securitized Bond Issuance Worth EGP 945.8 Million

Valu, the leading universal financial technology powerhouse in the Middle East and North Africa (MENA), announced today the successful closing of its 23rd securitized bond issuance, valued at EGP 945.8 million, with EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA). The transaction marks the fourth issuance under Valu’s eighth securitization program, which has a total value of EGP 10 billion.

The bond is backed by a receivables portfolio assigned to EFG for Securitization, which acts as the special purpose vehicle (SPV) for the issuance.

The bond has a 13-month tenor and is structured into a single tranche rated AA-.

Karim Riad, CFO of Valu, commented: “We are thrilled to mark another major milestone in Valu’s growth journey with the successful closing of our 23rd securitization issuance. This achievement stands as a powerful testament to Valu’s robust financial position, solid balance sheet, and consistent operational excellence. The continued oversubscription and unwavering investor confidence in our debt issuances reinforce our ability to maintain sustainable growth while consolidating our position as Egypt’s leading fintech powerhouse.”

Maie Hamdy, Managing Director – Debt Capital Markets at EFG Hermes, added: “We are proud to continue our long-standing partnership with Valu through the structuring and execution of their 23rd securitization issuance. Reaching this 23rd transaction underscores the exceptional quality of Valu’s underlying portfolio, its strong financial fundamentals, and the enduring institutional demand its issuances consistently command. This transaction reflects EFG Hermes’ commitment to delivering high-impact debt capital market solutions that enable market leaders to optimize their capital structure and support long-term strategic growth.”

EFG Hermes acted as the sole financial advisor, sole transaction manager, bookrunner, underwriter, and arranger on the issuance. Matouk Bassiouny&Hennawy acted as legal advisor, and Baker Tilly as auditor.

The latest transaction reflects Valu’s continued execution of its securitization strategy, leveraging structured financing solutions to support its growth ambitions and diversify its funding sources, while reinforcing its longstanding partnership with EFG Hermes in the debt capital markets.