Bond Issuance

shutterstock_156047564 Proposed Targets Results
Objectifs Visés  Résultats
Bond issuance amount Montant de l’émission obligataire      USD 40,000,000 / CFA 20,000,000,000
Date of visa submission to regulator Date de soumission au CREPMF April 15, 2014 April 15, 2014
Date of visa approval from regulator Réception Visa du CREPMF April 30, 2014 December, 2014
Opening of the bond subscription period Ouverture de souscription  May 15, 2014 February 19, 2015
 Bond launch date Date d’émission June 1, 2014 March 23, 2015 (estimated)
Payment of first coupon Paiement de la premiere échéance December 2014
 Bond maturity  Maturité June 1, 2021
Guarantee amount Garantie 50% (provided by USAID) USD 20,000,000 / CFA 10,000,000,000
 Credit rating Notation Investment Grade (BBB or higher) A3 (short term), BBB+ (long term)