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Egypt's SODIC concludes $22mln securitized bond issuance

Egypt-based SODIC for Securitization S.A.E., a wholly-owned subsidiary of Egypt’s Sixth of October for Development and Investment Company (SODIC), has concluded its 343 million Egyptian pounds ($22 million) securitized bond issuance. Financial services company EFG Hermes acted as sole arranger on the issuance which is the first in an EGP1…

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