Reefy secures FRA approval for EGP 1.064bn securitisation bond issuance

Microfinance Enterprise Services – Reefy announced that it has received final approval from the Financial Regulatory Authority (FRA) for the third issuance under its second securitisation programme, with a total value of EGP 1.064bn, in favour of Egyptian Securitisation Company. The issuance forms part of Reefy’s ongoing strategy to adopt innovative and sustainable financing instruments […] The post Reefy secures FRA approval for EGP 1.064bn securitisation bond issuance first appeared on Dailynewsegypt .