The bond is backed by a receivables portfolio assigned to Capital for Securitization, a GB Capital company, as the issuance’s special purpose vehicle (SPV). With the ongoing backing of EFG Hermes, we are set to capitalize on growth opportunities as we look to deliver exceptional services to our clients. This transaction comes as the latest in a string of debt issuances advised on by EFG Hermes in the region. EFG Hermes recently concluded advisory on a short-term note issuance, valued at EGP 433 million, for a one-year term for EFG Corp-Solutions back in June. EFG Hermes acted as the sole financial advisor and transaction manager, as well as the sole book-runner and arranger, the firm also acted as an underwriter on the transaction.

Source: The North Africa Journal October 13, 2024 08:28 UTC