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Banque Misr borrows USD 1 bn from int'l syndicate
Banque Misr has obtained a syndicated loan worth about USD 1 bn,the bank announced in a statement (pdf). The three-year…
Suez Canal Bank and AAIB submit offers for 90% of Valu’s maiden securitized bond issuance
Two banks want almost all of Valu’s securitized bond issuance: The Suez Canal Bank and the Arab African International Bank…
Valu kicks off EGP 2 bn securitization program + Fawry eyes consumer finance space
EFG Hermes’ consumer finance subsidiary Valu has kicked off its EGP 2 bnsecuritization program with a EGP 323 mn bond…
EgyLease to issue EGP 750 mn in securitized bonds
Financial leasing company EgyLease is working to issue EGP 750 mn in securitized bonds, a move that is being carried…
Evergrow to receive loan to restructure debts + Arkan Palm gets EGP 1.5 bn for Sheikh Zayed development
Evergrow is getting a loan to restructure its debts: A consortium of 12 banks led by Mashreq Bank and the…
Construction firm bags EGP 12 bn loan to finance Abu Qir port development
Construction outfit Gharably Integrated Engineering Company (GIECO) is set to receive a huge loan to develop the Abu Qir port,…
NBE, Banque Misr arrange EGP 3 bn for two state-run aviation firms
The National Bank of Egypt and Banque Misr have arranged EGP 3 bn-worth of syndicated loans for two airports: Lead…
Debt market welcomes Raya’s Aman
Raya subsidiary Aman completed the issuance of EGP 585 mn in securitized bonds, according to a statement (pdf) from the…
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