Banque du Caire opens its IPO books at EGP 4.82-5.30 a share, with room to grow to 45%

Subscriptions for Banque du Caire’s IPO open today prospectus (pdf) statement (pdf) according to the ITF

The IPO could raise as much as EGP 36.4 bn (c. USD 680 mn) if the government opts for a bigger sale.

Qualified investors get 95% of the offering…