EFG Hermes finalizes $9.2-million bond issuance advisory for EFG Corp-Solutions
The five-year bond issuance marks another milestone in the firm’s aggressive expansion strategy and dominance in the region’s financial markets.
The five-year bond issuance marks another milestone in the firm’s aggressive expansion strategy and dominance in the region’s financial markets.
The issuance marks a significant milestone for EFG Hermes, representing its fifth such issuance and the second within a pre-approved EGP2-billion ($41.8 million) program.
The group’s impressive financial performance underscores its position as a leading financial institution in the region.
Under Awad, EFG Hermes’ assets have risen to more than $2.7 billion.
The figure is 72-percent higher than during the same period last year.