logoBC
Yaoundé - 23 September 2020 -
Finance

Alios Finance Cameroon to start payment of December 2018 bond’s interest and amortization in June 2020

Alios Finance Cameroon to start payment of December 2018 bond’s interest and amortization in June 2020
  • Comments   -   Monday, 18 May 2020 14:28

(Business in Cameroon) - From June 22, 2020, Alios Finance Cameroon will start paying the amortization and interest of the bonds it issued in December 2018.  

During this fund-raising operation carried out on the Cameroonian financial market (Douala Stock Exchange), which subsequently merged with the BVMAC then based in Libreville, the leasing operator raised XAF8 billion.

According to an official communiqué of the Bank of Central African States (Beac), the total amount to be paid as of 22 June 2020 is over XAF539 million. This includes over XAF444 million for the amortization of the principal and about XAF95 million for the interest.

The same source reveals that subscribers to the Alios 01 5.75% 2018-2023 bond will receive a coupon of XAF675.3 per bond, i.e. XAF555.5 for amortization and XAF119.79 for interest.

BRM

cemac-towards-the-creation-of-a-mixed-inter-state-customs-brigade
Cameroon's Directorate-General of Customs recently hosted a meeting aimed at ensuring the consistency of the draft regulation on the creation,...
cameroon-becomes-one-of-turkey-s-four-african-gas-suppliers
Thanks to Hilli Episeyo (the floating natural gas liquefaction plant commissioned off the coast of Kribi in 2018), Cameroon has become one of the four...
cemac-cameroon-gabon-and-congo-s-public-securities-were-the-most-sought-after-in-q2-2020-beac
In Q2-2020, the treasury bills issued by Cameroon, Gabon, and Congo (to a lesser extent) were the most sought after, according to the quarterly bulletin...
cemac-prices-of-agricultural-export-commodities-dropped-by-7-6-in-q2-2020-beac
In Q2-2020, the global prices of agricultural products exported by CEMAC countries dropped by 7.6%, according to the commodity price index recently...

Mags frontpage


Business in Cameroon n91: September 2020

Covid-19 Insights from entrepreneurs


Land squabbles between citizens and the government


Investir au Cameroun n101 Septembre 2020

Covid-19 Des entrepreneurs s’expriment


Les populations défendent leur patrimoine foncier

  1. Most read 7 days
  2. shared 1 month
  3. read 1 month
next
prev