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RCI Finance Maroc raises its first fund for 4 years

RCI Finance Maroc carried out, on Wednesday, June 24, 2020, an issue of Bons de Société de Financement (BSF) of 200 million DH at 4 years, says a press release.

This is the company’s first fundraising on this maturity. Its natural need is concentrated on shorter durations. This time, RCI Finance Maroc wanted, via this transaction, to lengthen the maturity of its liabilities and strengthen its liquidity position.

Worn by a 170% subscription rate, the program closed on 2.99% nominal rate. This optimization of the cost of refinancing will be an asset in the service of the competitiveness of the financing and services offers of the Renault and Dacia brands, according to the same source.

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