Benchaaboun’s NetRoadshow pays off with successful fund-raising on the American market
Morocco has just made its second bond issue on the international markets in less than three months. We explain how it was done.
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▪ Benchaaboun’s NetRoadshow pays off with successful fund-raising on the American market
▪ Morocco has just made its second bond issue on the international markets in less than three months. We explain how it was done.
▪ https://www.africabusinessplus.com/en/806381/benchaabouns-netroadshow-pays-off-with-successful-fund-raising-on-the-american-market/
The Kingdom of Morocco last week issued a $3bn bond on the international financial market. This is Morocco’s second international offer in two and a half months following another at the end of September for €1bn. This new debt, denominated in dollars, is divided into three tranches, the first with a maturity of seven years, the second of 12 years, and the last of 30 years, with interest rates of 2.375%, 3% and 4% respectively.
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