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Egyptian developer PHD joins EFG Hermes to close $15.29mln bond

Palm Hills Developments , a premium real estate developer in Egypt, said it has joined hands with EFG Hermes, a leading investment bank franchise in Frontier and Emerging Markets (FEM), for the successful closing of a E£472.5 million securitized bond. The issuance is structured as follows: *Tranche A – valued…

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