DEBT WATCH- United Bank closes securitized bond issuance for MNHD: The United Bank has closed a EGP 305 mn securitized bond issuance for Madinet Nasr Housing (MNHD), according to Al Mal. The company will use the proceeds to support its urban expansion plan and improve its financial position in the market. The United Bank issued the letter for guarantee for the company and will become the transaction’s custodian.

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