Historic Bond Issuance
Maydane REIM has achieved a significant milestone by executing Morocco's first bond issuance for an Organisme de Placement Collectif Immobilier (OPCI), amounting to a total of 500 million dirhams. This capital was raised through a private placement in the Moroccan capital markets.
Advancing Financing Mechanisms
This issuance represents a pivotal advancement in the evolution of financing mechanisms for OPCIs in Morocco. It follows a series of strategic initiatives undertaken by Maydane REIM, including the establishment of the first banking financing within an OPCI and the inaugural Mourabaha transaction executed in this context.
Objectives and Strategic Impact
According to stakeholders involved, the primary objective of this bond issuance is to diversify the funding sources available for OPCIs. Additionally, it aims to enhance the financial structuring tools accessible for institutional real estate investment.
Role of BMCE Capital
BMCE Capital played a crucial role in this process, assisting Maydane REIM with the structuring and placement of the bond issuance, thereby facilitating this landmark transaction in Morocco's financial landscape.