Arab Finance: Al Tawfeek Leasing Company (A.T. Lease) has approved the second issuance under its first securitization program at an estimated value of EGP 2.36 billion, according to a statement.
The offering is scheduled to be completed during the fourth quarter (Q4) of 2026.
The Egyptian Exchange (EGX) recently announced a mandatory purchase offer for A.T. Lease’s 273.722 million issued shares in a share-swap deal.