The IFC could hold an EGP-denominated bond issuance to raise funds for investment
The proceeds could be used to make local investments, says cabinet
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The proceeds could be used to make local investments, says cabinet
The central bank sold the bills at a 4% yield
ADI Capital was the financial advisor on the loan
The issuance was the first in a three-year, EGP 3 bn program
Half the money will go to power plant maintenance, and half to mazut imports
The factory will produce small home appliances and start operating in 2024
The international lender could lend USD 85 mn to the two companies, and mobilize an additional USD 15 mn for…
Tasaheel’s issuance is part of a wider EGP 13 bn securitization program
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