ArabFinance: Corplease, the leasing arm CI Capital, has closed a four-tranche EGP 2.4 bn securitized bond issuance, investment bank Misr Capital announced in a statement.

The four tranches were rated AA+, AA, AA- and BBB by MERIS.

Banque Misr, Banque du Caire, National Bank of Egypt, CIB, AAIB, Attijariwafa Egypt, Ahli United Bank, ADCB and Al Ahli Bank of Kuwait all got a piece of the issuance.

Misr Capital was the lead manager, coordinator, and financial advisor. Misr Capital and Banque du Caire acted as promoters and arrangers for the issuance.

Additionally, Misr Capital, Banque du Caire, Banque Misr, National Bank of Egypt, CIB and AAIB were co-underwriters. Law firm Zaki Hashem & Partners acted as counsel, while Grant Thornton was the auditor.

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