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Valu closes sixth issuance in a securitized bond offering worth EGP 922.3mln

Valu has announced that it has closed its sixth securitized bond issuance.  The EGP 922.3 million issuance is part of a short-term program that has been renewed and is backed by a receivables portfolio assigned to EFG Hermes’ Financial Group for Securitization, the issuance’s Special Purpose Vehicle (SPV).  The securitization…

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Source: Valu

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