Egypt Raises $500 Million by Reopening Existing Dollar Bonds

Egypt secured $500 million from international investors by adding to two existing dollar-denominated bonds. The transaction comprised $150 million in debt due in 2030 and $350 million due in 2033. The Finance Ministry said the financing supports efforts to broaden its funding sources, attract a wider investor base and extend debt maturities—important priorities for managing Egypt’s public finances.

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