Valu closes 23rd securitized bond issuance at EGP 945.8M

· Egyptian market news · VALU

U Consumer Finance (Valu) has successfully closed its 23 rd securitized bond issuance, valued at EGP 945.8 million, with EFG Hermes, according to a press release.

The transaction marks the fourth issuance under Valu’s eighth securitization program, which has a total value of EGP 10 billion.

The offering carried a 13-month tenor and is structured…

Read the full story at Arab Finance

Source: Arab Finance — read the original story

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