Cairo – Mubasher: Egypt’s Amer Group Holding said Thursday that it has signed a contract with Tharwa Capital Management to issue securitised bonds worth EGP 233 million for its real estate portfolio.
Middle East Rating and Investors Service (MERIS) assigned an "AA+’" rating for the first tranche of the securitised bonds, "AA" for the second tranche, and "A" for the third one, according to a bourse filing.
The stock fell Wednesday by 2.94% to EGP 0.33.
