GoBus secures EUR 10.6 mn from the EBRD to expand and electrify fleet
The package will help GoBus finance the purchase of new buses, electric micro-buses, and intra-city vehicles
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The package will help GoBus finance the purchase of new buses, electric micro-buses, and intra-city vehicles
The issuance is part of the company’s EGP 5 bn, three-year program
The issuance came in four tranches with tenors ranging from 13 to 82 months
The first issuance is expected to close before the end of 2025
FinMin has upped its monthly borrowing target for September to EGP 838 bn, up from EGP 670 bn in August
The issuances include the company’s seventh leasing-backed bond and its first mortgage-backed issuance
The issuance matures in 12 months
The four-tranche issuance saw 2.3x oversubscription
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