EFG Holding's Valu Closes EGP 1.1 Billion Securitized Bond Issuance
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EFG Holding's subsidiary Valu has closed its 20th securitized bond issuance worth EGP 1.1 billion, marking the first transaction under Valu’s new eighth securitization program valued at EGP 10 billion. The bond, backed by a receivables portfolio, features an 18-month tenor and is structured into two fixed-rate tranches. EFG Hermes acted as the sole financial advisor, transaction manager, bookrunner, underwriter, and arranger.
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