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

Wed Apr 19, 2017 5:27pm GMT

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)

Powered by Reuters AlertNet. AlertNet provides news, images and insight from the world's disasters and conflicts and is brought to you by Reuters Foundation.