Once again, Morocco hires Orrick for its new $2.5m bond issuance

Once again, Morocco hires Orrick for its new $2.5m bond issuance

Orrick’s team was supervised by Carine Mou Si Yan, a partner in the Paris Banking and Finance practice group, William S. Haft, a partner in the New York global Banking & Finance group, and Sushila Nayak, co-head of the Structured Finance Group in London.

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            ▪ Once again, Morocco hires Orrick for its new $2.5m bond issuance

▪ Orrick’s team was supervised by Carine Mou Si Yan, a partner in the Paris Banking and Finance practice group, William S. Haft, a partner in the New York global Banking & Finance group, and Sushila Nayak, co-head of the Structured Finance Group in London.

https://www.africabusinessplus.com/en/815135/once-again-morocco-hires-orrick-for-its-new-2-5m-bond-issuance/

The $2.5bn issuance in bonds on the international financial market under the Rule 144A/Regulation S comprises two $1.25bn-tranches: the first tranche is a 5-year bond with an annual interest rate of 5.95%, and the second a ten-and-a-half-year bond with a coupon rate of 6.5%.

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