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GLOBALCORP - GlobalCorp

Amethis, EBRD and SPE Capital acquire GlobalCorp, a leading non-bank financial player in Egypt

— This is a joint press release of Amethis, EBRD, SPE Capital and GlobalCorp. — A consortium of investors made up of Amethis, the European Bank for Reconstruction and Development (“EBRD”), and SPE AIF I, LP (“SPE Capital”) has acquired a majority stake of GlobalCorp for Financial Services S.A.E (“GlobalCorp”), a leading non-banking financial services...

GlobalCorp- Issues first Securitization Bond

GlobalCorp- Financial services a leading and fast-growing non-banking financial services institution based in Egypt is announcing its first securitized bond offering in the amount of EGP 985 million. The issuance is part of a larger securitization bond program worth EGP 5 bn set to be completed by 2023. The offering consists of three tranches with tenors...