Overview of the Bond Issuance
Crédit Agricole du Maroc has launched a significant bond issuance, structured as a single tranche with a perpetual maturity. This bond features an annually adjustable interest rate and will not be listed on the Casablanca Stock Exchange.
The total amount for this bond issuance is capped at 1 billion dirhams (1,000,000,000). The offering is set to close on December 30, 2025.
Purpose of the Bond Issuance
The primary objectives of this new bond issuance are twofold: first, to finance a wide array of sectors within the economy, with a particular focus on agriculture and rural development; second, to enhance the bank's regulatory capital.
Acknowledgment to Investors
In conjunction with this announcement, Crédit Agricole du Maroc expresses its sincere gratitude to all investors and institutional partners for their continued trust and robust support, which are vital for the bank's ongoing development.