Redcon Properties inks EGP 925 mn syndicated factoring agreement
The agreement marks Egypt’s first joint factoring transaction
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The agreement marks Egypt’s first joint factoring transaction
This brings the total value of securitized bonds issued in Egypt this year to EGP 86 bn
The issuance pushed the total value of securitized bond issuances this year to EGP 15.5 bn
The value of the local securitization market is up 34% y-o-y
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