SAIB seeks up to EGP 5 bn in maiden debt issuance

· Egyptian market news · SAIB

SAIB seeks up to EGP 5 bn in maiden debt issuance

EGX-listed SAIB is looking to raise up to EGP 5 bn in its first debt issuance under a new EGP 20 bn, three-y ear bond program bourse filing (pdf)

OUR TAKE- The move reads like a wholesale funding diversification play: SAIB’s 1Q results (pdf)

Original source: enterpriseam.com

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