Nile Financial Leasing to IPO in 4Q17

IPO WATCH- Nile Financial Leasing is planning to list 25-40% of its shares on the EGX in 4Q17, company chairman Mohamed Amer tells Al Borsa. The will use the proceeds from the offering to expand into SME leasing, Amer said. Nile Financial has yet to settle on a lead manager or bookrunner for the transaction.