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EFG Hermes Advises on EGP 2.45 Billion MOPCO Share Sale, Signaling Renewed Investor Confidence

5 hours 15 min ago

EFG Hermes, the investment banking arm of EFG Holding and the region’s leading investment bank, has successfully completed its advisory role on an EGP 2.45 billion Accelerated Bookbuild (ABB) for Misr Fertilizers Production Company (MOPCO)  one of the largest secondary equity transactions in Egypt this year. The deal reflects a strong rebound in investor confidence and market liquidity on the Egyptian Exchange (EGX).

Serving as the sole financial advisor and bookrunner, EFG Hermes managed the placement of 87 million MOPCO shares (ticker: MFPC), delivering the transaction efficiently within an accelerated timeframe. The ABB underlines the firm’s deep investor network, leading ECM execution capabilities, and its ability to ensure stable market performance during large-scale placements.

According to Maged El Ayouti, Co-Head of Investment Banking at EFG Hermes:

“This transaction reinforces our commitment to deepening liquidity in regional capital markets. It follows a series of successful offerings that have reactivated investor appetite for equities and built momentum for new listings and follow-on issuances.”

The successful MOPCO transaction highlights EFG Hermes’ leadership in Egypt’s equity capital markets, demonstrating how accelerated offerings can efficiently unlock liquidity, broaden institutional ownership, and complement the country’s growing pipeline of IPOs and secondary market activity.

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