Egypt’s Contact Financial closes EGP 1.4 bn securitized bond issuance
December 28, 2023Contact Financial Holding has closed an EGP 1.4 bn securitized bond issuance for subsidiaries in its consumer finance portfolio, the company said in a statement (pdf). The issuance has three tranches with tenors ranging from 13 to 60 months and ratings of AA+, AA, and A from MERIS