{"id":543527,"date":"2022-02-06T04:00:24","date_gmt":"2022-02-06T04:00:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/06\/efg-hermes-corp-solutions-plans-to-take-out-egp-2-bn-in-loans-this-year\/"},"modified":"2022-02-06T04:00:24","modified_gmt":"2022-02-06T04:00:24","slug":"efg-hermes-corp-solutions-plans-to-take-out-egp-2-bn-in-loans-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/06\/efg-hermes-corp-solutions-plans-to-take-out-egp-2-bn-in-loans-this-year\/","title":{"rendered":"EFG Hermes Corp-Solutions plans to take out EGP 2 bn in loans this year"},"content":{"rendered":"

EFG Hermes Corp-Solutions is negotiating with banks to borrow EGP 2 bn in <\/strong>2022<\/strong>, CEO Talal Elayat told Al Mal<\/a> last week. The funding will be directed at supporting the company\u2019s leasing and factoring activities. Corp-Solutions lent around EGP 8 bn last year, swelling the company\u2019s current portfolio to around EGP 10 bn, he said.<\/p>\n

Securitized bonds worth EGP 1 bn are also in the works this year<\/strong>, Elayat told Al Mal, without putting a timeframe on the issuance. Elayat told the newspaper in October<\/a> that the issuance would take place in early 2022. The firm closed its first EGP 790 mn securitized bond issuance<\/a> in the last week of 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"

EFG Hermes Corp-Solutions is negotiating with banks to borrow EGP 2 bn in 2022, CEO Talal Elayat told Al Mal last week. The funding will be directed at supporting the company\u2019s leasing and factoring activities. Corp-Solutions lent around EGP 8 bn last year, swelling the company\u2019s current portfolio to around EGP 10 bn, he said. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7274],"tags":[88,820,72,593,242,85],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543527","post","type-post","status-publish","format-standard","hentry","category-debt-watch","tag-debt-watch","tag-efg-hermes-corp-solutions","tag-enterpriseam","tag-factoring","tag-leasing","tag-securitization","wpautop","entry"],"acf":{"mongo_id":"5c6f7e25-114f-4c68-b073-fa581c09f734","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[543512],"teaser":"","voice_url":""},"yoast_head":"\nEFG Hermes Corp-Solutions plans to take out EGP 2 bn in loans this year - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/06\/efg-hermes-corp-solutions-plans-to-take-out-egp-2-bn-in-loans-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG Hermes Corp-Solutions plans to take out EGP 2 bn in loans this year\" \/>\n<meta property=\"og:description\" content=\"EFG Hermes Corp-Solutions is negotiating with banks to borrow EGP 2 bn in 2022, CEO Talal Elayat told Al Mal last week. 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