Valu Strengthens Fintech Leadership with New EGP 1.1 Billion Bond Issuance

Valu,  a leading financial technology platform in Egypt, has successfully closed its 20th securitized bond issuance, valued at EGP 1.1 billion, in collaboration with EFG Hermes, the region’s premier investment bank. This transaction represents the first issuance under Valu’s new eighth securitization program, which has a total capacity of EGP 10 billion.

The bond is backed by a receivables portfolio assigned to EFG for Securitization, serving as the special purpose vehicle (SPV) for the issuance. Structured into two fixed-rate tranches, the bond features Tranche A of EGP 872.5 million with a 12-month tenor rated P1 (sf), and Tranche B of EGP 239.0 million with an 18-month tenor rated A- (sf).

Karim Riad, CFO of Valu, highlighted the significance of the milestone, noting that it demonstrates continued investor confidence in Valu’s financial performance and strategic growth as Egypt’s leading fintech platform.

Maie Hamdy, Managing Director – Debt Capital Markets at EFG Hermes, emphasized the strong partnership with Valu and the high investor demand that underscores the strength of Valu’s business model and portfolio.

EFG Hermes acted as sole financial advisor, transaction manager, bookrunner, underwriter, and arranger for the issuance. Arab African International Bank (AAIB) and Al Ahli Bank of Kuwait (ABK) served as underwriters, with AAIB also acting as custodian. Dreny & Partners provided legal advisory, while Baker Tilly served as auditor.

This latest bond issuance reinforces Valu’s position in Egypt’s fintech sector and signals strong momentum in leveraging structured finance to support continued growth and market expansion.