EFG Hermes closes fifth issuance for premium international for credit services in an EGP 211mln securitization transaction

EFG Hermes has  announced that it successfully closed the fifth, EGP 211 million issuance of Premium International for Credit Services (Premium)’s EGP 2 billion securitization program. This is the second issuance in 2021 and the fifth for the two-year program, which marks Egypt’s first short-term securitization program under the new Short-Term Debt…