The Moroccan group OCP engaged in a series of calls with international institutional investors on Tuesday, April 14 to carry out Africa’s first corporate hybrid bond issuance in dollars. BNP Paribas, Citi, and J.P. Morgan have been appointed as bookrunners. The operation will involve perpetual subordinated bonds with floating coupons, issued in one or two…...
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Moroccan group OCP launches Africa’s first hybrid corporate bond issuance in dollars
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