SCIF, a subsidiary of Ynna Holding, successfully completes its first bond issue of 150 million dirhams

SCIF's recent fundraising will enable the company to support its business growth and undertake several key investments. This includes expanding industrial capacity through the construction of a new workshop dedicated to heavy metalwork and the extension of existing workshops at the Aïn Sebaâ site. Additionally, the funds will finance the enhancement of production capabilities by acquiring new machinery and modernizing existing equipment. The internal logistics will also be optimized with the integration of modern handling equipment and lifting devices. To facilitate this operation, SCIF was assisted by Attijari Finance Corp., which acted as the advisory bank, structuring and presenting the financial and strategic context of the bond issue. With a record revenue of 650 million dirhams in 2024, reflecting a 46% increase compared to 2023, and strong prospects for 2025, SCIF reaffirms its growth trajectory and its central role in Morocco's industrial development. "This operation allows us to equip SCIF with financial resources that match the scale of our ambitions. Thanks to this fundraising, we will accelerate our industrial investments, modernize our production tools, and enhance our operational agility to meet the growing expectations of our clients, both in Morocco and internationally," stated Alami El Basbasse, General Director of SCIF.