PARTAGER ADM successfully closes its 2.2 billion dirham bond loan-
The national company of the Autoroutes du Maroc (ADM) successfully closed the issue of a bond loan for a total amount of 2.2 billion dirhams (billion dirhams) divided into a fixed rate tranche with a 30-year maturity repayable with 15 year grace period.
The issue of this bond, guaranteed by the State and reserved for institutional investors under Moroccan law, was subscribed 1.9 times and demand reached 4.175 billion dirhams, ADM said in a press release.
The company thanks all institutional investors for the interest and confidence they have shown in its securities and for their support during its bond issues, concludes the same source.
LNT with CdP
