Alios Finance Cameroon mandates Attijari Securities Central Africa to arrange its second bond issue

Finance

Alios Finance Cameroon mandates Attijari Securities Central Africa to arrange its second bond issue

Comments

- Friday, 28 May 2021 11:21

(Business in Cameroon) - On May 22, 2021, financial lessor Alios Finance Cameroon officially mandated Attijari Securities Central Africa (ASCA) to arrange its second bond issue on the Central African Stock exchange BVMAC.

The specific details of this operation were not disclosed but the company’s first bond issue, arranged by BGFI Cameroon, was used to finance its 2018-2022 strategic plan. During the operation carried out in 2018, Alios raised XAF8 billion.

Till now, the financial lessor has dutifully fulfilled its commitments towards subscribers to the bond named “Alios 5.75% Net 2018- 2023”. This reinforces the credibility of its signature with the investors invited to subscribe to the new bond issue.

BRM

Follow @investcameroun

Mobile Money usage surges in Cameroon, outpacing traditional banking

The use of mobile money services has "particularly increased" in Cameroon, rising from 29.9% in 2017 to 42.7% in 2022 for the population aged 15 years or...

AfDB reports CFA3tn in financing for Cameroon over 60 years

The African Development Bank has approved CFA10,950 billion in financing for countries in Central Africa over the past 60 years since its inception in...

Cameroon spends nearly CFA71bn on public debt interest in Q1 2024

In the first quarter of 2024, the Cameroonian central administration made debt repayments totaling CFA312.4 billion, excluding outstanding payments....

Cameroon's domestic debt rose by CFA169bn in Q1 2024, driven by public securities

Cameroon's domestic debt, excluding payables over three months, has increased by CFA169 billion between March 2023 and March 2024. According to the latest...