GlobalCorp issues EGP 1.32 bn in securitized bonds
The issuance is part of GlobalCorp’s EGP 10 bn securitization program
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The issuance is part of GlobalCorp’s EGP 10 bn securitization program
The government is working to reduce energy consumption by 18% by 2035
External debt dropped to USD 153.9 bn at the end of May
The agreement hinges on finalizing the investment agreement between the partners of Egypt Green Hydrogen
The issuance was 4.6x oversubscribed.
The loan will be complemented by a USD 750 grant
The issuance is part of a larger EGP 9 bn program
EFG Hermes acted as the sole financial advisor, lead arranger, transaction manager, bookrunner, and underwriter
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