Success for the bond issue of Autoroutes du Maroc


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August 6, 2020 – 12:00 p.m. – Economy

Autoroutes du Maroc launched a bond issue of 2.2 billion DH in the form of a bond loan. This operation, launched a few days ago, was closed with a request for 4.17 billion DH.

In a recent communication the operator indicated that the operation was subscribed 1.9 times and closed with a demand well in excess of 4 billion DH. As for the Societe Nationale des Autoroutes du Maroc, it thanked all the institutional investors for the interest and confidence they have shown in ADM’s securities and for their unwavering support during the company’s bond issues.

A few months ago, ADM launched an issue of a bond loan guaranteed by the State and reserved for institutional investors under Moroccan law for a total amount of 2.2 billion dirhams. This transaction was divided into a fixed-rate tranche with a 30-year repayable maturity with a 15-year grace period.

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