BDEAC chooses a Cameroonian trio to structure its first bond issue
The issue, which would allow for the mobilisation of CFAF 100 billion by year-end, will be the first of a series that aims to raise CFA300 billion over the next two years.
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▪ BDEAC chooses a Cameroonian trio to structure its first bond issue
▪ The issue, which would allow for the mobilisation of CFAF 100 billion by year-end, will be the first of a series that aims to raise CFA300 billion over the next two years.
▪ https://www.africabusinessplus.com/en/806260/bdeac-chooses-a-cameroonian-trio-to-structure-its-first-bond-issue/
On its return to the market after the bitter failure of 2015, the Development Bank of Central African States (BDEAC) intends to make an impact. The institution, headed by Fortunato Ofa Mbo Nchama is looking to raise CFAF 100 billion (approximately €152 million) before the end of the year through a bond issue.
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