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English news

04-Jun-2017

Amer and Porto issue securitised bonds worth EGP233mn and EGP48mn, respectively

Amer Group (Amer) and Porto Group (Porto) have inked two securitised bond contracts with Sarwa Capital worth EGP233mn and EGP48mn, respectively. The three-tranche securities were given a local rating of AA+ for the first tranche, AA for the second and A for the third tranche, for both companies.
 
Porto Group: EGP0.38 as of 01 Jun 2017, Rating: Neutral, TP: EGP0.27/share, MCap: USD97mn, PORT EY/PORT.CA
 

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