Valu raises EGP 1B ($19.7M) in first issuance under new bond program
What's the deal? Egyptian consumer finance firm Valu has launched the first issuance under its EGP 1 billion ($19.7 million) bond program, according to a bourse disclosure. The offering, classified as post-IPO debt, comes in two tranches with maturities of 13 and 36 months.
The details: Tranche A totals EGP 460 million in tradable, non-convertible, and non-callable bonds carrying a fixed annual coupon of 20.075%, paid quarterly. Tranche B amounts to EGP 540 million, with a 36-month maturity and a floating return linked to the average Central Bank of EgyptDealroom has a profile for this one. Try Dealroom → corridor rate plus a 1% margin.
Why now? The raise arrives soon after Valu closed its 20th securitized bond issuance at EGP 1.1 billion in December 2025. It marks a quick return to debt markets to keep funding flowing.
What's the endgame? Recurring securitized issuances give Valu, which provides consumer finance, a steady channel to fund its lending book without diluting equity.
The signal: Valu's rapid re-raise shows how Egyptian fintechs are leaning on bond programs to scale lending, tapping capital markets repeatedly to sustain growth in a high-rate environment.
Read more: zawya.com
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