Periodic Partial Redemption for the Listed Bonds of Drive Finance And Non-Banking Services The First Issue-First Program Tranche B June 2027
3/28/2024 2:57:08 PM
According to the letter received from the MCDR on 2024/03/28 by the periodical partial redemption (Installment no. 22) for the listed bonds of Drive Finance And Non-Banking Services The First Issue-First Program Tranche B June 2027. The total listed value of the bonds after the partial redemption becomes EGP 259,999,999.99 distributed over 4,000,000 bonds at a par value of EGP 64.99999. These modifications will be applied to EGX database effective 2024/03/31 trading session. This Bond Tranche has been locally rated by MERIS as (A-), at a fixed annual rate of 13.5% to be paid monthly.