|
CIB is well placed to assist its clients in raising required debt through bond offerings or similar debt capital market instruments. CIB's Debt Capital Markets Team is responsible for the soliciting and structuring of these debt offerings. CIB remains committed to the introduction of innovative debt capital market products to better suit its clients through its offer of the following services:
- Arranging, managing and underwriting bond issues for both private placements and public offers and ensuring compliance with Capital Market Authority requirements.In this respect, CIB has the largest underwriting capacity among Egyptian private sector banks with a maximum underwriting commitment of EGP 515 million per client as of December 31st 2002.
- Advising its clients on type of instrument (senior, subordinated or hybrid of instruments), tenor, collateral support structure, pricing, currency and timing of issue.
- Extensive placement capabilities and secondary market support by capitalizing on the leading services of CIB's brokerage arm, Commercial International Brokerage Company (CIBC).
A summary of CIB's trackrecord in debt capital markets:
- Lead Arranger, Lead Underwriter and Loans Agent in the Egyptian Cement Company LE 1 Billion bond offering, the largest in the history of Egyptian debt capital market.
- Underwriter in the 'Egyptian Company for Mobile Services'(ECMS) subordinated bond offering amounting to LE 340 million.
- Coordinator and Co-Underwriter in Orascom Construction Industry's primary bond offering for LE 280 million.
- Arranger in CIB's LE 300 million bond offering
- Manager, Arranger and Underwriter in Commercial International Investment Company's bond offering for LE 350 million.
CIB's global product knowledge, local expertise and capital resources make CIB an industry leader in the field of Egyptian Debt Capital Market. CIB's Debt Capital Markets' Team provides large ticket borrowers with better market access, greater ease of execution and timely financial close.
For further information, please contact:
Heba Abdel Latif
Senior Manager
Telephone: +(202)37472757
Fax: +(202) 570 3632
E mail: Heba.abdellatif@cibeg.com
| 
CIB Search