EFG Hermes, Misr Italia Properties Conclude EGP 986 Mn Securitized Bond Issuance
The issuance is backed by a receivables portfolio originated by two of Misr Italia Holding’s subsidiaries.
EFG Hermes Concludes Advisory on Latest EGP 750 mn Financing Transactions for MARAKEZ
EFG Hermes announces that its Investment Banking division successfully closes advisory on the latest EGP 750 mn financing over two tranches in a sale and leaseback package for MARAKEZ, Invest-Gate reports.
EFG Hermes Signs EGP 600 Mn Sale and Leaseback Agreement with LMD
EFG Hermes Corp-Solutions announces today that it has signed a sale and leaseback agreement amounting to EGP 600 mn with LMD to finance its all-in-one leisure and business complex 3’Sixty, Invest-Gate reports.
EFG Hermes Concludes Advisory on Misr Italia Properties’ EGP 794 mn Securitization Issuance
Misr Italia Properties becomes the first non-listed real estate developer to issue securitization through EFG Hermes, Invest-Gate reports.
SODIC Closes First Securitization Bond Issuance
SODIC for Securitization S.A.E, SODIC’s wholly-owned subsidiary, concludes successfully its first securitization transaction.
Majid Al Futtaim, valU to Jointly Present ‘Buy-Now-Pay-Later’ Services
UAE-based retail conglomerate Majid Al Futtaim has partnered with EFG Hermes’ fintech arm valU to provide shoppers with monthly installment plans of up to five years through the latter's e-commerce platform.
ODE Seals USD 265 mn Loan Agreement
Orascom Development Egypt (ODE) has sealed a medium-term loan deal worth USD 265 mn (EGP 4.1 bn) to refinance outstanding debt and bankroll growth plans.
EFG Hermes, Qasatli to Issue EGP 1.8 bn Securitized Bonds
EFG Hermes has partnered with newly set-up mortgage finance company Qasatli to issue five-year securitized bonds, worth EGP 1.8 bn.
MHND Concludes EGP 305 mn Securitized Bonds in December
Egypt’s Madinet Nasr for Housing and Development (MNHD) has clarified that it earlier closed a secrutinized bond issuance on December 19
TMG Holding to Issue EGP 2 bn Sukuk in April
Talaat Moustafa Group (TMG) Holding CEO Hisham Talaat Moustafa said his company plans to launch EGP 2 bn sukuk program in April, aiming to secure medium-to-long-term financing for its recurring projects
