Cairo – Mubasher: Porto Group Holding said Thursday that it has signed a contract with Tharwa Capital Management to issue securitised bonds worth EGP 48 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.