Tapping debt capital markets (DCM) has long been central to Sarwa’s business model and allowed us to diversify our funding base and successfully refinance our operations since inception. Leveraging this deeply rooted experience in the DCM space, we brought to market a range of structured financing services that have driven us to become Egypt’s largest player in the industry. Sarwa has arranged and issued more than EGP 26 billion in debt issuances since 2005, including the very first securitization bond offering of its kind on the domestic market. Sarwa is also the first licensed sukuk issuer in the Egyptian market.

Our team has a proven track record of structuring, pricing, placing, and issuing transactions in challenging market circumstances, including issuances with an AA+ rating — the highest rating for a non-sovereign entity in Egypt.

In doing so, we call on long experience in the industry and a network of relationships with non-bank investors, professional services firms, rating agencies and other financial institutions. We also work on an ongoing basis with leading custodian banks to whom we can grant daily access to our systems and database, a factor recognized by rating agencies as distinguishing the issuances we bring to market.

While we have experience across a broad range of asset classes — ranging from auto loans to real estate receivables — we are actively working to expand our expertise to further innovative funding structures.

 

Pioneer in introducing new products to the market:

  • First securitization in 2005
  • First real estate backed securitization in 2015.
  • First sukuk mudaraba for a financial institution in 2020
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