ALC advises Palm Hills Development on EGP 1.2 bn securitized bond sale

June 9, 2021

Palm Hills Development closed a securitized bond issuance backed by a receivables portfolio of nearly EGP 1.2 bn. The bonds were issued in four tranches with ratings of AA+, AA, A, and A-. ALC Alieldean, Weshahi & Partners were counsel for the issuance. Read more