EFG Hermes’ Investment Banking division has successfully closed an EGP500 million ($27 million) bond issuance for EFG Hermes Holding subsidiary EFG Hermes Corp-Solutions.
The transaction is part of a wider EGP3 billion bond programme that provides key financing for the expansion plans in the year ahead for the leasing and factoring player.
The bond, which received a credit rating of “A-” from Middle East…
