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Four subsidiaries issue securitized bonds: Amer Group

Four subsidiaries issue securitized bonds: Amer Group

ArabFinance: Amer Group announced on January 14th that four of its subsidiaries concluded an issuance of securitized bonds at EGP 607 million.

MERIS Ratings affirmed Amer Group’s first, second, and third issuances at AA+, AA, and A, respectively.

The listed firm did not disclose the name of the four subsidiaries in its filing to the Egyptian Exchange.

Egyptian Financial Group Hermes Holding (EFG Hermes) recently closed an issuance worth EGP 700 million of securitized bonds for Amer Group and others.  

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