valU closes EGP 1.4 bn securitized bond issuance

valU kicks off EGP 4 bn securitization program: Consumer finance platform valU has issued EGP 1.42 bn worth of securitized bonds, its first issuance in a new EGP 4 bn securitization program according to a statement (pdf). The two-tranche issuance has tenors of 12 and 36 months and ratings of Prime-1 and A.
Read More