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FINANCIAL NEWS
Egypt’s Mobinil mulls $180m bond issue
08 Sep 2010
(MENAFN) The Chief Executive Officer at Mobinil, Egypt’s biggest mobile firm by subscribers, said that the company is considering issuing bonds with a value of $180 million, Reuters reported.
Mobinil issued $270 million in bonds in January. The firm’s underwriter said the issue’s first tranche, worth $255 million, was oversubscribed by 1-1/2 times, and the second tranche in excess of 11.4 times.
The bonds had a five-year maturity with a fixed annual yield of 12.25 percent.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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