WAEMU: Cote d’Ivoire launches two bond loans totaling $224.28 millions

Cote d'Ivoire simultaneously launches two bond loans, "TPCI 5.80% 2020-2027" and "TPCI 5.90% 2020-2030", on the WAEMU financial market (BRVM) to collect a global envelope of 120 billion CFA francs ($224.28 million) to investors in the region.

Subscription to these programs is open from December 16th and continues until December 22nd, 2020.

The first operation, "TPCI 5.80% 2020-2027", with a maturity of 7 years, aims to raise 80 billion CFA Francs ($149.5 million) paid at a rate of 5.80% per year. And the second, "TPCI 5.90% 2020-2030", with a maturity of 10 years, aims to mobilize 40 billion CFA Francs ($74.76 million) paid at an interest rate of 5.90% per year.

This 17th issuance of the country's 2020 bonds will be led by Bridge Securities and EDC Investment Corporation as co-leaders.

Note that after a first subscription on the primary market, these bonds will be listed at the BRVM.

Jean Mermoz Konandi

Publié le 18/12/20 14:41