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EFG Hermes Closes Palm Hills Developments Securitization Issuance Worth EGP 421 Million as Part of its EGP 5 Billion Issuance Program Cairo, December 25, 2023 ...
EFG Hermes, a leading investment bank and Palm Hills Developments (PHD), a noted real estate developer, have closed an EGP421 million ($13.63 million) securitised bond, the 2nd issuance in a EGP5 billion programme.
EFG Hermes، the leading investment bank in Frontier and Emerging Markets (FEM) under EFG Holding and Palm Hills Developments (PHD)، a leading real estate developer in Egypt jointly announced today the successful closing of an EGP 421 million securitized bond، the second issuance in a newly approved
The transaction marks Valu’s third issuance this year, and the sixth concluded in partnership with EFG Hermes to date.
Valu Closes Sixth Issuance in a Securitized Bond Offering Worth EGP 922.3 Million The issuance comes as part of a renewed short-term program and is a strategic step forward in...