Drive Finance raises EGP 1.5bn through bond issuance to fund expansion
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Drive Finance, a subsidiary of GB Capital and the non-bank financial services arm of GB Corp, has completed an EGP 1.5bn bond issuance with a maturity of 13 months, the company announced.
The issuance is a key pillar of Drive Finance’s strategy to diversify its funding sources, strengthen its capital structure and sustain expansion across its core operations, particularly consumer finance and factoring.
“The successful completion of this issuance marks an important milestone in Drive
The issuance is a key pillar of Drive Finance’s strategy to diversify its funding sources, strengthen its capital structure and sustain expansion across its core operations, particularly consumer finance and factoring.
“The successful completion of this issuance marks an important milestone in Drive
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