April 19, 2017 / 5:28 PM / 3 months ago

Egypt to increase maximum issuance of dollar bonds to up to $7 billion

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CAIRO, April 19 (Reuters) - Egypt is to increase the maximum amount of dollar bonds it can issue to $7 billion, a cabinet statement said.

The present $5 billion cap will be lifted by up to $2 billion, the statement said. (Reporting by Ali Abdelatti,; Writing by Giles Elgood; Editing by Alison Williams)

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