Beltone Investment Banking, the investment arm of Beltone Holding, has successfully concluded its first securitization issuance for Jameel Finance – Egypt, part of Abdul Latif Jameel’s group of companies, Invest-Gate reports.

The transaction, valued at EGP 500 million, marks a key milestone in Jameel’s funding strategy and reinforces Beltone’s position as a leading player in Egypt’s debt capital markets. The issuance is structured into three tranches. The first tranche, worth EGP 120 million with a 12-month maturity, was assigned a Prime 1 rating, the highest short-term credit rating by MERIS. The second and third tranches, valued at EGP 268 million and EGP 112 million with maturities of 36 and 48 months respectively, received an) A (rating—demonstrating investor confidence and robust asset quality. The structure offers a well-balanced risk-return profile designed to meet the needs of institutional investors.

Beltone acted as financial advisor, lead manager, and lead underwriter of the transaction, executed via Tamweel Securitization Company. Key parties involved included Dreny & Partners as legal advisors, Baker Tilly as external auditor, and Suez Canal Bank as custodian and receiving bank. The offer was jointly underwritten by Suez Canal Bank and Banque du Caire, with Beltone Asset Management also participating.

Commenting on the deal, Sherif Hassan, Managing Director of Beltone’s Debt Capital Markets division, stated: “This transaction reflects our ongoing commitment to delivering tailored, sustainable financing solutions. We are proud to partner with Jameel Finance on their return to the securitization market—this deal affirms the strength of our debt platform and our ability to drive capital market innovation”.