DEBT WATCH

valU to sell EGP 700 mn of securitized bonds in 2Q 2022

by enterpriseam adminEgypt Edition26 May 2022

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valU is planning to issue EGP 700 mn in securitized bonds in a single tranche in 2Q 2022 as part of its EGP 2 bn securitization program, CEO Walid Hassouna told us. This is EGP 200 mn more than previously reported. The company kicked off the program in September with a EGP 323 mn bond issuance.

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consumer finance debt debt watch non-banking financial services ValU

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