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Sunday, 24 November 2019

EFG Hermes to arrange EGP 1.5 bn in debt agreements next year

EFG Hermes plans to arrange debt issuances and agreements worth EGP 1-1.5 bn in 2020, co-head of investment banking Mostafa Gad said, according to Al Mal. The agreements will include debt restructuring, Gad said, without providing further details. He also noted that EFG is quarterbacking the sale of two private companies on the EGX next year.

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